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TRON's Leveraged ETF Application Submitted to US SEC for Approval
Summary: According to reports, the US ETF Opportunities Trust has submitted an application to the SEC for the 'T-REX 2X Long TRON Daily Target ETF,' aiming to amplify TRON's performance by 2 times daily, joining the queue of crypto funds awaiting SEC approval. The fund, initiated by REX Shares, will track TRON prices through derivatives such ...
According to reports, the US ETF Opportunities Trust has submitted an application to the SEC for the 'T-REX 2X Long TRON Daily Target ETF,' aiming to amplify TRON's performance by 2 times daily, joining the queue of crypto funds awaiting SEC approval. The fund, initiated by REX Shares, will track TRON prices through derivatives such as swaps. The SEC is currently evaluating multiple crypto ETF proposals, including SOL and DOGE, indicating a more favorable regulatory environment. Additionally, the SEC is studying a set of standards that could expedite the ETF approval process, covering metrics such as market capitalization, decentralization, and wallet distribution.
