Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
New TRON-linked leveraged ETF filing joins wave of crypto funds awaiting SEC approval

New TRON-linked leveraged ETF filing joins wave of crypto funds awaiting SEC approval

The BlockThe Block2025/07/09 16:00
By:By Sarah Wynn

Quick Take The SEC is weighing dozens of crypto ETF proposals, from ones that track SOL to DOGE. The fund “seeks daily leveraged investment results,” and is significantly different from other ETFs, according to that filing.

New TRON-linked leveraged ETF filing joins wave of crypto funds awaiting SEC approval image 0

A new registration filing has been made for an exchange-traded fund that tracks the daily performance of TRON, adding to the list of funds waiting for the U.S. Securities and Exchange Commission's green light. 

ETF Opportunities Trust submitted a filing on Thursday for the "T-REX 2X Long TRON Daily Target ETF," which "seeks daily leveraged investment results" and is significantly different from other ETFs, according to that filing. 

"As a result, the Fund may be riskier than alternatives that do not use leverage because the Fund’s objective is to magnify (200%) the daily performance of TRON," according to the filing. "The Fund will utilize total return swaps that provide exposure to exchange-traded funds or other exchange-traded products that invest in spot TRON or TRON derivatives such as swaps or futures contracts."

The fund sponsor is REX Shares, LLC. A custodian is not listed yet. TRON, created by entrepreneur Justin Sun, has a market capitalization of $27.6 billion, according to The Block's price page . Sun has come into the spotlight following his support for President Donald Trump's presidency this past year, and is notably one of the top holders of the TRUMP memecoin.

The SEC is weighing dozens of crypto ETF proposals, from ones that track SOL to DOGE in the face of a friendlier regulatory environment for crypto since Trump took office in January. The first approved "staking ETF," tacking Solana's native SOL token, was launched in early July , an indication the securities watchdog may be more willing to approve more exotic exchange-listed products.

The agency is weighing a framework that would expedite the process for listing ETFs. Standards under discussion may include metrics such as market capitalization, decentralization, and wallet distribution, a source told The Block this week.


0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Bitcoin Rally Mirrors 12% Surge in Global M2

Bitcoin’s latest rally aligns with a 12.1% rise in global M2, highlighting growing investor concerns over fiat debasement.Understanding the Global M2-Bitcoin LinkMore Printing, More Bitcoiners

Coinomedia2025/07/13 15:55
Bitcoin Rally Mirrors 12% Surge in Global M2

Bitcoin Search Trends Remain Low Despite ETF Hype

Google searches for Bitcoin are still far below 2017 and 2021 levels, even with ETF approvals and institutional interest.Institutions Are In, But Retail Is AbsentWhat This Means for the Market

Coinomedia2025/07/13 15:55
Bitcoin Search Trends Remain Low Despite ETF Hype

Ethereum Staking Hits Record 29.44% – Smart Money Holds Strong

Ethereum staking reaches an all-time high of 29.44%, signaling strong confidence among long-term holders.Smart Money Signals Long-Term ConfidenceWhat This Means for Ethereum’s Future

Coinomedia2025/07/13 15:55
Ethereum Staking Hits Record 29.44% – Smart Money Holds Strong

El Salvador Adds 8 BTC, Holdings Now Top $735M

El Salvador buys 8 more Bitcoin, raising its total to 6,236 BTC worth over $735 million.A Long-Term Vision for BitcoinImpact on Global Crypto Sentiment

Coinomedia2025/07/13 15:55
El Salvador Adds 8 BTC, Holdings Now Top $735M