VTRX VanEck TRON ETN Please read important disclosure Close important disclosure true ch en false false
VTRX

Tron ETP
VanEck TRON ETN

VTRX

Tron ETP
VanEck TRON ETN

ISIN: DE000A3GSUE1 copy-icon
Security-No: -- copy-icon

Product Description

Back Asia’s next-generation blockchain innovator. Our ETN follows Asia’s super-fast TRON platform, supporting builders of crypto apps with an innovative proof-of-stake mechanism.

  • NAV
    $13.29

    as of 21 May 2024
  • YTD RETURNS
    15.17%

    as of 21 May 2024
  • Total Net Assets
    $35.83 million

    as of 21 May 2024
  • Total Expense Ratio
    1.50%
  • Inception Date
    13 Sep 2021

Overview

Product Description

Back Asia’s next-generation blockchain innovator. Our ETN follows Asia’s super-fast TRON platform, supporting builders of crypto apps with an innovative proof-of-stake mechanism.

  • Smart contract blockchain competitor to market leader ethereum
  • More daily transactions than bitcoin and ethereum
  • Asia’s leading blockchain platform
  • 100% collateralized with TRON (TRX)
  • Tradeable like an ETF (albeit within a different segment)on regulated stock exchanges
  • Stored at a regulated crypto custodian with crypto insurance (up to a limited amount)

Risk Factors: Volatility Risk: The trading prices of many digital assets have experienced extreme volatility in recent periods and may well continue to do so. Digital assets were only introduced within the past decade and regulatory clarity remains elusive in many jurisdictions.Currency Risk, Technology Risk, Legal and Regulatory Risks

Underlying Index

MarketVector TRON VWAP Close Index (MVTRXV Index).

Fund Highlights

  • Smart contract blockchain competitor to market leader ethereum
  • More daily transactions than bitcoin and ethereum
  • Asia’s leading blockchain platform
  • 100% collateralized with TRON (TRX)
  • Tradeable like an ETF (albeit within a different segment)on regulated stock exchanges
  • Stored at a regulated crypto custodian with crypto insurance (up to a limited amount)

Risk Factors: Volatility Risk: The trading prices of many digital assets have experienced extreme volatility in recent periods and may well continue to do so. Digital assets were only introduced within the past decade and regulatory clarity remains elusive in many jurisdictions.Currency Risk, Technology Risk, Legal and Regulatory Risks

Underlying Index

MarketVector TRON VWAP Close Index (MVTRXV Index).

Performance

Holdings

Portfolio

Literature

Index

Index Description

The MarketVector TRON VWAP Close Index is designed to track the performance of a TRON digital asset. There is no component other than TRON in the index. The index is calculated daily between 00:00 and 24:00 (CET) and the index values are disseminated to data vendors every 15 seconds. The index is disseminated in USD and the closing value is calculated at 16:00:00 CET based on 1h volume weighted average prices (VWAPs) between 15:00 and 16:00 CET. The VWAPs are calculated with CCCAGG prices.