Bitcoin Defies September Slump, Faces Demand Test in October
Bitcoin ended September up 6.33%, but demand from ETF buyers has faded and long-term holders are selling, testing the October outlook.
TRON DAO rings Cboe closing bell in Chicago to celebrate the listing of the Canary Staked TRX ETF (TRXS).
Geneva, Switzerland, September 29, 2026 – The community-governed TRON DAO, which focuses on advancing internet decentralization through blockchain technology and decentralized applications, will ring the closing bell at Cboe Global Markets’ trading floor in Chicago today. The event marks the debut of TRXS, an exchange-traded product that offers staked exposure to TRX, the native token of the TRON network.
This milestone underscores the TRON network’s growing adoption in traditional finance, as TRXS gives institutional investors access to TRX through participating brokerages. The fund, which began trading on Cboe on September 9, aims to provide exposure to the spot price of TRX, the native utility token of the TRON blockchain.
The fund also seeks to earn additional TRX by participating in the TRON network’s delegated proof-of-stake validation process, with net staking rewards reflected in the fund’s net asset value.
“We appreciate Canary Capital’s leadership in bringing TRX to the ETF market,” said Justin Sun, founder of TRON. “The launch demonstrates growing recognition of the TRON network as critical infrastructure for the global digital economy by giving institutions a new way to participate in the network that is already supporting significant real-world financial activity. Thank you Cboe team. Thank you to the Canary Capital team and every builder and collaborator across the TRON ecosystem who worked hard to make this happen.”
TRON has become a leading blockchain for stablecoin activity, supporting over $94 billion in circulating Tether (USDT). The chain also processes the highest USDT transfer volume of any blockchain, totaling approximately $6.1 trillion year-to-date.
Known for its speed, scalability, and low transaction costs, the TRON network serves as critical infrastructure for decentralized finance, global payments, and blockchain-based applications.
TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps.
Founded in September 2017, the TRON blockchain has experienced significant growth since its MainNet launch in May 2018. Today, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin, which currently exceeds $94 billion. As of September 2026, the TRON blockchain has recorded over 405 million total user accounts, more than 15 billion total transactions, and over $28 billion in total value locked (TVL), based on TRONSCAN.
Share to
Disclaimer: this article comes from third-party media and is provided for reference only. It does not constitute investment advice. Crypto and other financial products carry significant price volatility risk, so please make your own decisions carefully.
Bitcoin ended September up 6.33%, but demand from ETF buyers has faded and long-term holders are selling, testing the October outlook.
The Official Trump (TRUMP) meme coin announced a gala dinner for its top 185 holders with President Donald Trump on November 22.
Ethereum remains range-bound due to macro headwinds and US-Iran tensions. Technical levels and upcoming catalysts are key.
September's crypto hack losses hit $766.49 million, up 462% from August, led by Bitget's $387 million theft. PeckShield logged 55 major incidents.