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The term #TRXETF refers to the growing interest in Exchange-Traded Funds (ETFs) and Exchange-Traded Notes (ETNs) that provide exposure to TRX, the native cryptocurrency of the Tron blockchain. These financial products are gaining attention as institutional investors seek regulated avenues to invest in digital assets.
U.Today
š VanEckās TRX ETN (VTRX)
VanEck, a global investment management firm, offers the TRX ETN (ticker: VTRX) on European exchanges like Xetra and Euronext. This ETN tracks the performance of the MarketVector TRON VWAP Close Index, which is 100% collateralized with TRX. As of December 11, 2024, the ETN had a Net Asset Value (NAV) of $29.64 and a total net asset value of $81.7 million .