TRON DAO Rings Cboe Bell for TRXS ETF Debut
TRON (TRX)
Editor:
Eugene Serbin
bitcoinethereumnews.com reports that TRON DAO celebrated the debut of the Canary Staked TRX ETF (Ticker: TRXS) by ringing the closing bell at Cboe Global Markets in Chicago. The Geneva, Switzerland-based organization is described as a community-governed DAO dedicated to accelerating the decentralization of the internet through blockchain technology and decentralized applications (dApps). This event marks the official launch of the new financial product for the TRON ecosystem.
How the market reacted
Whalio's own Binance spot order flow for TRX, measured when this story was written up on 29 September 2026. Not the outlet's figures.
Whalio spot data for TRX shows a price of $0.36, with a 24-hour buy ratio of 55.1%, indicating that buyers dominated the session. However, short-term momentum has cooled, as the 1-hour buy ratio dropped to 15.2% and the 4-hour ratio fell to 27.8%. The 24-hour volume delta was positive at $2,821,186, but recent hours saw outflows, with 1-hour and 4-hour deltas at -$1,519,137 and -$2,134,882 respectively. This suggests that while the day ended with net buying, the immediate pressure has shifted to sellers. The CVD for the 24-hour close was -$416,626, and net buying occurred in only 12 of the 24 hours.
The latest daily buy ratio of 49.7% sits at the 33rd percentile of the last 322 days, against a median of 52.4% - ordinary for this coin.
Was that an ordinary day?
The same Binance spot measurements for TRX, averaged over the days leading up to the story.
Over the preceding week, the buy ratio averaged 48.8%, meaning the current 24-hour ratio of 55.1% is 6.2 points above the weekly average. Despite this relative strength, the 8-day price change was -2.6%, and the total volume delta for the week was -$609,197. Volume over the last eight days was 0.86x the average, indicating lighter trading activity than usual. Net buying was recorded on only 3 of the 7 days in the previous week, contrasting with the majority buy ratio seen today.