Justin Sun, who announced that he will give great news soon and put users in anticipation, made the expected big announcement. According to the statements of Sun, the founder of the popular altcoin project, VanEck’s Tron ETN is listed on Deutsche Börse, one of the largest exchanges in the world.

VanEck’s TRON ETN listed on Deutsche Börse

VanEck TRON ETN (VTRX) will be listed on Xetra on September 21 and has officially received approval for listing on Deutsche Börse. Next, the VTRX is expected to be made available in 14 EU countries, paving the way for access to other major European markets such as Zurich, Paris and Amsterdam.

VanEck was among the first asset managers to submit a Bitcoin ETF application to the SEC. Since then, it launched one of the world’s first Bitcoin ETNs (VBTC) in 2020, followed by an Ethereum ETN (VETH) in 2021. The listing of VTRX after Bitcoin and Ethereum is a big deal for TRON. Justin Sun also emphasizes how important this is in his tweet.

https://twitter. com/justinsuntron/status/1439901583177879554

Altcoin price has not risen yet

After this news, TRON (TRX) has not experienced a significant rise yet. TRX was only able to rally from the $0.094 lows to $0.98. Cryptocoin. com

As we reported , there is a bearish wave in the markets today that affects Bitcoin and altcoins. TRX has also benefited from this situation by falling 10 percent in the last 24 hours.

24 saadollarsik TRX chart. Source: CoinMarketCap

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Michael Lewis


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