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VBTC
VanEck Bitcoin ETN

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

MVIS CryptoCompare Bitcoin VWAP Close Index (MVBTCV Index).

Product Details
 

  • Product Ticker

    VBTC
  • Custodian

    Bank Frick & Co. AG
  • Domicile

    Liechtenstein
  • UCITS Compliant

    No
  • UCITS Eligible

    Yes*
  • Index Ticker

    MVBTCV
  • Index Provider

    MarketVector Indexes
1The ETNs’ value is determined at 4.00 pm CET of each business day, and represents the value of one note; it is calculated by taking the total assets linked to the ETN, subtracting total liabilities, and dividing by the total number of notes outstanding. The value is not necessarily the same as the ETNs’ intraday trading price. Investors should not expect to buy or sell the ETN at the determined value.

2The date the ETN was launched prior to quotation on the stock exchange.

*This might be seen differently by local regulators in single EU member states and the fund manager is recommended to verify this.

 
as of 30 Sep 2022

  • NAV1

    10.56
  • Notes Outstanding

    9,652,000
  • Number of Holdings

    1
  • Base Currency

    USD
  • Net Assets

    $102.0M
  • Product Structure

    Physical (Full Replication)
  • Income Treatment

    Reinvestment
  • Distribution Frequency

    None
  • Total Expense Ratio

    1.00%
  • Fact Sheet
  • VanEck Product List
  • Holiday Calendar

Trading Information as of 30 Sep 2022

Deutsche
Börse
EUR
Exchange Ticker VBTC
ISIN DE000A28M8D0
SEDOL BMHSTC5
Bloomberg VBTC GY
Reuters (RIC) --
Valor 58450415
Bloomberg iNAV VBTCIV
Reuters iNAV --
WKN A28M8D
Trading Currency EUR
Last Traded Price 11.13
Day's Move 0.36
Volume 46,247
30 Day Volume 117,533
VWAP Volume 46,247
SIX
Swiss Exchange
USD
Exchange Ticker VBTC
ISIN DE000A28M8D0
SEDOL BM90K48
Bloomberg VBTC SE
Reuters (RIC) --
Valor 58450415
Bloomberg iNAV VBTCIV
Reuters iNAV --
WKN A28M8D
Trading Currency USD
Last Traded Price 10.90
Day's Move 0.31
Volume 0
30 Day Volume 3,095
VWAP Volume 50
SIX
Swiss Exchange
CHF
Exchange Ticker VBTCCHF
ISIN DE000A28M8D0
SEDOL BM90K59
Bloomberg VBTCCHF SE
Reuters (RIC) --
Valor 58450415
Bloomberg iNAV VBTCIV
Reuters iNAV --
WKN A28M8D
Trading Currency CHF
Last Traded Price 10.70
Day's Move 0.38
Volume 0
30 Day Volume 125
VWAP Volume 0
Euronext
Amsterdam
EUR
Exchange Ticker VBTC
ISIN DE000A28M8D0
SEDOL BMHSTC5
Bloomberg VBTC NA
Reuters (RIC) --
Valor 58450415
Bloomberg iNAV VBTCIV
Reuters iNAV --
WKN A28M8D
Trading Currency EUR
Last Traded Price 11.14
Day's Move 0.37
Volume 103
30 Day Volume 2,145
VWAP Volume 103
Euronext
Paris
EUR
Exchange Ticker VBTC
ISIN DE000A28M8D0
SEDOL BMHSTC5
Bloomberg VBTC FP
Reuters (RIC) --
Valor 58450415
Bloomberg iNAV VBTCIV
Reuters iNAV --
WKN A28M8D
Trading Currency EUR
Last Traded Price 11.14
Day's Move 0.37
Volume 808
30 Day Volume 780
VWAP Volume 808

NAVs as of 30 Sep 2022

Base
Currency
NAV Daily
Change
NAV
YTD
Change
NAV
NAV Price
History
Total
Expense
Ratio
VBTC USD $10.56 $0.10 / +0.94% -60.06%
1.00

Performance History* (%)

Month End as of 31 Aug 2022 1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR ETN INCEPTION
VBTC (NAV) -14.44 -35.65 -57.94 -57.92 -- -- -- 5.91
MVBTCV (Index) -14.37 -35.46 -57.64 -57.48 28.28 34.80 -- 7.14
Performance Differential (NAV - Index) -0.07 -0.19 -0.30 -0.44 -- -- -- -1.23
Quarter End as of 30 Jun 2022 1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR ETN INCEPTION
VBTC (NAV) -39.82 -59.93 -60.66 -45.71 -- -- -- 2.21
MVBTCV (Index) -39.74 -59.81 -60.45 -45.14 19.06 54.88 -- 3.42
Performance Differential (NAV - Index) -0.08 -0.12 -0.21 -0.57 -- -- -- -1.21
Calendar Year as of 31 Dec 2021 2017 2018 2019 2020 2021
ETN (NAV) -- -- -- -- 69.28
MVBTCV (Index) 1,558.97 -71.43 90.32 289.62 69.51

Market Makers

Top 10 Holdings (%) as of 31 Aug 2022 View All Holdings »

Total Holdings: 1
Holding Name
Ticker
Number Market Value
(USD)
% of Net
Assets
Bitcoin
BTC
5,347
108,713,814 100.04
Other/Cash
--
--
-42,492 -0.04
Top 10 Total (%) 100.00
These are not recommendations to buy or to sell any security. Securities and holdings may vary.