According to H.E. Justin Sun (@justinsuntron), the Cboe BZX Exchange has officially filed a 19b-4 proposal with the SEC seeking approval to list shares of the Canary Staked TRX ETF, as reported on May 15, 2025 (cdn.cboe.com). This move would enable institutional and traditional market investors to gain regulated exposure to TRX, a key digital asset in the Tron ecosystem. The filing signals a significant advancement in institutional crypto adoption, potentially increasing TRX's liquidity and market depth. Traders should monitor SEC response timelines and potential volume inflows, as ETF approval could catalyze further mainstream participation in the crypto market.

According to WallStreetBulls, MEMX has filed with the U.S. Securities and Exchange Commission (SEC) to list an XRP exchange-traded fund (ETF), designating it as a commodity-based trust. Additionally, Cboe BZX Exchange has submitted an application on February 6 to list four XRP ETFs, including one from 21Shares. This move indicates a significant step towards greater institutional involvement in XRP trading, potentially impacting liquidity and price stability of XRP in the market.