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

Tron ETP
VanEck TRON ETN

VTRX

Tron ETP
VanEck TRON ETN

ISIN: DE000A3GSUE1 copy-icon
WKN: A3GSUE 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
    $15.00

    as of 23 Feb 2024
  • YTD RETURNS
    30.00%

    as of 23 Feb 2024
  • Total Net Assets
    $40.45 million

    as of 23 Feb 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)

The VanEck Digital Assets ETNs provide the right to redeem against delivery of the respective cryptocurrency. In our opinion, therefore, after the expiry of a holding period of 12 months, the result from the return may be tax-free (non-taxable) for private investors who are taxable in Germany.

This information does not constitute tax advice and cannot replace it. For an assessment of your taxation, please contact your tax advisor.

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