VanEck Lists TRON ETN on Euronext Paris and Amsterdam

VanEck Lists TRON ETN on Euronext Paris and Amsterdam

September 26, 2021 – Singapore, Singapore

TRON has announced that VanEck Vectors TRON ETN (VTRX) will be listed on the Euronext exchanges in Paris and Amsterdam, following its listing on Deutsche Börse, Europe’s largest stock exchange on Monday.

This is yet another milestone in TRON’s global push toward becoming an all-inclusive global settlement layer that powers the next generation of cross-border payment systems.

VanEck was among the first asset managers to submit a Bitcoin ETF application to the SEC. It has since launched one of the world’s first Bitcoin ETNs (VBTC) in 2020, followed by an Ethereum ETN (VETH) in 2021. The launch of TRON ETN opens up the future market of cryptocurrencies for European investors.

Justin Sun, founder of TRON, said,

”Working with industry leaders such as VanEck to make TRON accessible to all is part of our global vision. We are excited to have TRON ETN listed on the Euronext stock exchanges in Paris and Amsterdam, following its listing on Deutsche Börse.”

Martijn Rozemuller, CEO of VanEck Europe, said,

“We are very pleased that with these listings on the Euronext stock exchanges in Paris and Amsterdam we can make our crypto strategies easily accessible to French and Dutch investors.”

VanEck Vectors TRON ETN
  • Index name – MVIS CryptoCompare TRON VWAP close index
  • ISIN – DE000A3GSUE1
  • Tickers Euronext Paris and Amsterdam – VTRX
  • Issuer – VanEck ETP AG
  • Market maker – Flow Traders B.V.
  • Authorized participants – Flow Traders B.V. and Jane Street Financial Ltd.
  • Compact headquarters – Liechtenstein
  • Listing currency – EUR
  • Base currency – USD
  • Index provider – MV Index Solutions
  • Product structure – physically replicating
  • Total expense ratio (TER) – 1.50%
  • Appropriation of earning – re-invested income
About TRON

Since its inception in 2018, TRON has blossomed into one of the largest open blockchain platforms.

It is at the forefront of industry adoption of popular smart contracts such as DeFi, NFT, stablecoin, distributed storage protocol and more.

TRON enjoys a global audience with over 54 million in total user accounts.

It is home to the largest stablecoin circulation (USDT), with more than 50% of the global market share and over $50 billion in on-chain crypto assets.

In addition, it ranks top three globally in terms of total value locked in DeFi (TVL), with more than $11 billion at present.

About VanEck

VanEck has been driven by innovation and stood for intelligent, prescient investment strategies ever since its founding in 1955.

As an asset manager, it currently manages some 83 billion US dollars worldwide as of August 31, 2021, including exchange-traded funds (ETF), active funds and institutional accounts.

With over 90 ETFs around the world, the investment firm offers a comprehensive portfolio covering numerous sectors, asset classes and smart beta strategies.

VanEck was one of the first asset managers to offer investors access to global markets. It has consistently aimed at identifying new trends and asset classes, such as gold investments in 1968, emerging markets in 1993 and ETFs in 2006, an approach that is still shaping the entire investment sector today.

Headquartered in New York City, VanEck maintains locations around the globe, including offices in Frankfurt, Madrid, Zurich, Amsterdam, Sydney and Shanghai.

For more information about VanEck and the fund, visit their website.

Important disclosures

This press release is for information and advertising purposes.

This information originates from VanEck (Europe) GmbH, Kreuznacher Strasse 30, 60486 Frankfurt am Main. It is intended only to provide general and preliminary information to investors and shall not be construed as investment, legal or tax advice.

VanEck (Europe) GmbH and its associated and affiliated companies (together “VanEck”) assume no liability with regards to any investment, divestment or retention decision taken by the investor on the basis of this information.

Views and opinions expressed are current as of the date of this information and are subject to change with market conditions. Certain statements contained herein may constitute projections, forecasts and other forward-looking statements, which do not reflect actual results.

VanEck makes no representation or warranty, express or implied, regarding the advisability of investing in securities or digital assets generally or in the product mentioned in this information (the “product”) or the ability of the underlying index to track the performance of the relevant digital assets market.

The underlying index is the exclusive property of MV Index Solutions GmbH, which has contracted with CryptoCompare Data Limited to maintain and calculate the Index. CryptoCompare Data Limited uses its best efforts to ensure that the index is calculated correctly. Irrespective of its obligations toward the MV Index Solutions GmbH, CryptoCompare Data Limited has no obligation to point out errors in the index to third parties.

Investing is subject to risk, including the possible loss of principal up to the entire invested amount. You must read the prospectus and KID before investing. The prospectus is available here.

No part of this material may be reproduced in any form or referred to in any other publication without express written permission of VanEck.

Investments into the product bear the risk of loss up to the total loss.

© VanEck (Europe) GmbH

For more information about VanEck’s digital assets strategies, visit here.


Anjali George

This content is sponsored and should be regarded as promotional material. Opinions and statements expressed herein are those of the author and do not reflect the opinions of The Daily Hodl. The Daily Hodl is not a subsidiary of or owned by any ICOs, blockchain startups or companies that advertise on our platform. Investors should do their due diligence before making any high-risk investments in any ICOs, blockchain startups or cryptocurrencies. Please be advised that your investments are at your own risk, and any losses you may incur are your responsibility.

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