The VanEck FTX Token ETN is a fully-collateralized exchange traded note that invests in FTT. The note seeks to replicate the value and yield performance of the MVIS CryptoCompare FTX Token VWAP Close.
- Direct exposure to the tokens underpinning the FTX Exchange.
- 100% backed by FTT and stored in cold storage at a regulated crypto custodian with crypto insurance (up to a limited amount)
- Tradeable like an ETF on regulated exchanges
MVIS CryptoCompare FTX Token VWAP Close (MVFTTV Index).