- Grayscale added TRON (TRX) to its “Future Investment Products” list, sparking TRX ETF speculation, as noted by Justin Sun.
- Despite a market downturn, TRX is outperforming many top 100 tokens, consistently trading above its 200 EMA year-to-date.
- Grayscale will update its list quarterly, reflecting the dynamic crypto market and potential new single-asset product launches.
Leading asset manager Grayscale Investments has added TRON (TRX) to its list of “Future Investment Products,” fueling ETF speculation. Following the publication, TRON founder Justin Sun commented, “Happy to see TRX on the Grayscale list, and the competition for a TRX ETF is getting more and more intense.”
Besides TRX, the list also includes Aptos (APT), Arbitrum (ARB), Berachain (BERA), Celestia (TIA), Hedera Hashgraph (HBAR), Toncoin (TON), and VeChain (VET). These digital assets already exist within Grayscale’s current investment products.
To organize its portfolio, the AUM has created its own framework, classifying assets into categories like “Currencies,” “Smart Contract Platforms,” “Financials,” “Consumer & Culture,” and “Utilities & Services.”
Grayscale, in its report, aims to update these lists quarterly, i.e., within 15 days after the end of a quarter. This aligns with the evolving crypto market and their ongoing asset review process. The current list is as of April 10, 2025, and is subject to change. The report also added that the lists might change within a quarter due to factors like multi-asset fund rebalancing and the launch of new single-asset products.
For TRON proponents, Grayscale’s announcement is significant as it signals potential interest in offering TRX-focused funds such as ETFs, intensifying competition in the space.
TRON Price Strength Continues Above Key EMA
On the price front, TRX has defied the current market downturn and is among the few tokens in the top 100 to be consistently above the 200 EMA. The ninth-ranked token is also quietly outperforming its peers, almost everything YTD.
As one analyst quoted, “The entire market is losing momentum, but it’s still making higher lows. One of the few in a constant uptrend since inception. Keep an eye on such tokens, as once the market bounces, they’ll run hard.” Another expert notes that if Chinese capital returns to Bitcoin ($BTC), the TRON ecosystem might also see inflows.