#TRXETF is a financial product aimed at tracking the performance of the TRON currency (symbol: TRX), which is the native digital currency of the TRON network.
Key Developments:
1. VanEck TRON ETN (Trading Symbol: VTRX)
VanEck is offering a product similar to ETFs, known as ETN (Exchange-Traded Notes linked to digital currencies).
Available on European exchanges such as Xetra and Euronext.
It allows investors to track the price of TRX directly and is fully backed by the digital currency itself.
In December 2024, the annual return exceeded 156%.
2. US TRX ETF Filing (Submitted by Canary Capital)
In April 2025, Canary Capital filed a request with the US Securities and Exchange Commission (SEC) to launch the first ETF based on TRX currency.
This fund will rely on staking, meaning that investors will also earn returns by participating in the proof-of-stake mechanism.
The expected annual return rate from staking is currently around 4.5%.
3. Statements from Justin Sun (Founder of TRON)
Justin Sun hinted that TRX is on track to get an official ETF, boosting market confidence and supporting the entry of major financial institutions.
This move follows the successes achieved by Bitcoin and Ethereum ETF funds.
Current TRX Price:
Current Price: $0.2444.
Today's Movement: Slight increase of +1.04%.
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