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VBTC VanEck Bitcoin ETN Please read important disclosure Close important disclosure true ch en false false
VBTC

Bitcoin ETP
VanEck Bitcoin ETN

VBTC

Bitcoin ETP
VanEck Bitcoin ETN

ISIN: DE000A28M8D0 copy-icon
Security-No: 58450415 copy-icon
research-link-icon Why invest in a Bitcoin ETN?
Why invest?
Documents
research-link-icon Fact Sheet
research-link-icon KID (German)
research-link-icon KID (English)
research-link-icon Final Terms
research-link-icon Summary
research-link-icon 2023 Base Prospectus

Product Description

Combine the excitement of bitcoin with the ease and security of traditional finance. Bitcoin is the oldest cryptocurrency, with the largest market capitalisation. It is often seen as digital gold, a digital store of value in an age of uncertainty. The VanEck Bitcoin ETN is a fully-collateralized exchange traded note that invests in bitcoin.

  • NAV
    $34.13

    as of 07 May 2024
  • YTD RETURNS
    48.81%

    as of 07 May 2024
  • Total Net Assets
    $434.63 million

    as of 07 May 2024
  • Total Expense Ratio
    1.00%
  • Inception Date
    19 Nov 2020
research-link-icon Why invest in a Bitcoin ETN?
Why invest?
Documents
research-link-icon Fact Sheet
research-link-icon KID (German)
research-link-icon KID (English)
research-link-icon Final Terms
research-link-icon Summary
research-link-icon 2023 Base Prospectus

Overview

Product Description

Combine the excitement of bitcoin with the ease and security of traditional finance. Bitcoin is the oldest cryptocurrency, with the largest market capitalisation. It is often seen as digital gold, a digital store of value in an age of uncertainty. The VanEck Bitcoin ETN is a fully-collateralized exchange traded note that invests in bitcoin.

  • 100% backed by bitcoin (BTC)
  • Stored at a regulated crypto custodian, with crypto insurance (up to a limited amount)
  • Tradeable like an ETF on regulated stock exchanges (albeit within a different segment)

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 Bitcoin VWAP Close Index (MVBTCV Index).

Fund Highlights

  • 100% backed by bitcoin (BTC)
  • Stored at a regulated crypto custodian, with crypto insurance (up to a limited amount)
  • Tradeable like an ETF on regulated stock exchanges (albeit within a different segment)

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 Bitcoin VWAP Close Index (MVBTCV Index).

Performance

Holdings

Portfolio

Literature

Technology

Sustainable

Crypto

Metal

Real Estate

Dividend

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Index

Index Description

MVBTCV is a rules based, modified capitalization weighted index intended to give investors a means of tracking the overall performance of the leading digital asset regarding size, liquidity, legitimacy/quality and infrastructure. The intraday price, which is disseminated every 15 seconds, is based on a methodology which collects prices from several digital assets exchanges and weights them based on their liquidity. The closing price, disseminated at 16:00:00 PM CET is a volume weighted average of the last 60 minutes prior to close. Further information about MVBTCV e.g. with regards to the index methodology and changes of the index may be found on www.marketvector.com.