TRON Set for New ETF as T-Rex Seeks SEC Approval for 2X Fund

Crypto investment options tied to TRON (TRX) may soon get a new addition. Financial firm REX Shares has filed for approval from the U.S. Securities and Exchange Commission (SEC) for a fund called the T-Rex 2X Long TRON Daily Target ETF. 

If approved, this ETF would give investors double the daily returns of TRON’s price movements.

Instead of holding TRX directly, the fund plans to gain exposure using swaps, call options, and other TRON-related ETFs. The ETF would charge a 1.5% management fee and, as stated in the filing , carries more risk than regular funds because of its leverage structure, aiming to magnify 200% of TRON’s daily performance.

With more asset managers exploring crypto options beyond just Bitcoin and Ethereum, TRON is already holding its ground in the market. Founded by Justin Sun, TRON now has a market value of about $27.91 billion.

Its price is hovering near $0.2945, showing a small rise compared to the day before. Trading activity around TRX has also picked up, with over $590 million in volume recorded in the last 24 hours, marking a noticeable 30% jump.

It’s not the first time TRON has been in focus. Back in April, Canary Capital filed for a separate staked TRX ETF aimed at offering exposure to both TRON’s price and staking rewards.

The SEC has officially started looking into T-Rex’s ETF proposal, and a final call on it is likely by late 2025.

For investors wanting more than just Bitcoin or Ethereum funds, this shows how interest in TRON and other altcoins is steadily making its way into the regular finance world.