Justin Sun Highlights TRX ETF Potential, Says Market Underestimates Impact

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TheNewsCrypto 18h ago

Justin Sun Highlights TRX ETF Potential, Says Market Underestimates Impact - TheNewsCrypto

Quick Summary:

During a livestream hosted by the leading exchange HTX, Founder of TRON and Advisor to HTX, Justin Sun expressed confidence in the approval of the newly filed Canary Capital Group Staked TRX ETF, calling it a "non-replicable” opportunity for both investors and the broader crypto market.

Founded in 2013, HTX has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, research, investments, incubation, and other businesses.

While the application process for such ETFs is significantly more challenging than for spot ETFs – evidenced by the past failures of Staked ETH ETF applications – Justin Sun remains hopeful.