Tron ETP
VanEck TRON ETN
Tron ETP
VanEck TRON ETN
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.
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NAV$18.00
as of 30 Oct 2024 -
YTD RETURNS55.99%
as of 30 Oct 2024 -
Total Net Assets$49.07 million
as of 30 Oct 2024 -
Total Expense Ratio1.50%
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Inception Date13 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).