#TRXETF The hashtag **#TRXETF** is gaining attention due to growing institutional interest in **TRON (TRX)** through investment vehicles like **ETNs (Exchange-Traded Notes)** and potential **ETFs (Exchange-Traded Funds)**.
### Here's a quick rundown:
- **VanEck's TRX ETN** (Ticker: **VTRX**) is already live in Europe, traded on **Xetra** and **Euronext**, and it's 100% collateralized by TRX.
- As of late 2024, it had a **Net Asset Value (NAV)** of around **$81.7 million**.
- **Justin Sun**, TRON's founder, has teased the idea of a **TRX ETF**, suggesting even more institutional adoption might be coming—especially with regulatory steps being taken by TRON.
- The TRX token price is hovering around **$0.24** as of today.
Let me know if you want to track the price, dive into ETF mechanics, or follow updates on TRON's ecosystem.