The term TRX ETF refers to financial products that allow investors to gain exposure to the TRON currency (symbol: TRX) without the need to buy or manage it directly. These products are usually in the form of "Exchange-Traded Notes" (ETNs), which are financial instruments that track the performance of a specific asset — in this case, the TRX currency.

VanEck TRON ETN (VTRX)

One of the prominent products is the VanEck TRON ETN (VTRX), which is fully backed by TRX and is traded on organized financial exchanges. As of January 31, 2025, the net asset value per unit was $27.33, with total assets amounting to $75.32 million, and an expense ratio of 1.50%. This instrument gives investors the opportunity to trade through traditional markets, with the assurance that TRX is held by a regulated custodian and secured up to a certain limit.

Speculation about a TRX-specific ETF

In early 2025, Justin Sun, the founder of the TRON network, hinted at the possibility of developing a TRX-specific ETF, sparking significant discussions on the topic. If this product is indeed launched, it would represent a significant step towards bringing TRX into institutional markets, and could contribute to wider adoption of the TRON ecosystem.

So far, no official application has been submitted for the launch of a TRX ETF, but increasing interest and speculation suggest that it may be imminent, especially in light of a general trend towards integrating digital assets into organized financial markets.