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VFTX
VanEck FTX Token ETN

Product Description

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

 

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 FTX Token VWAP Close (MVFTTV Index).

Product Details
 

  • Product Ticker

    VFTX
  • Custodian

    Bank Frick & Co. AG
  • Domicile

    Liechtenstein
  • UCITS Compliant

    No
  • UCITS Eligible

    Yes*
  • Index Ticker

    MVFTTV
  • 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 05 Oct 2022

  • NAV1

    5.16
  • Notes Outstanding

    142,000
  • Number of Holdings

    1
  • Base Currency

    USD
  • Net Assets

    $0.7M
  • Product Structure

    Physical (Full Replication)
  • Income Treatment

    Reinvestment
  • Distribution Frequency

    None
  • Total Expense Ratio

    1.50%
  • Fact Sheet
  • VanEck Product List
  • Holiday Calendar

Trading Information as of 05 Oct 2022

Deutsche
Börse
EUR
Exchange Ticker VFTX
ISIN DE000A3GWNC2
SEDOL BMF92H6
Bloomberg VFTX GY
Reuters (RIC) VFTX.DE
Valor 116178234
Bloomberg iNAV VFTXEUIV
Reuters iNAV VFTXEURINAV=SOLA
WKN A3GWNC
Trading Currency EUR
Last Traded Price 5.24
Day's Move -0.03
Volume 9
30 Day Volume 372
VWAP Volume 9

NAVs as of 05 Oct 2022

Base
Currency
NAV Daily
Change
NAV
YTD
Change
NAV
NAV Price
History
Total
Expense
Ratio
VFTX USD $5.16 $-0.09 / -1.73% -48.36%
1.50

Performance History* (%)

Month End as of 30 Sep 2022 1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR ETN INCEPTION
MVFTTV (Index) -11.82 3.10 -39.67 -52.75 -- -- -- -48.88
Quarter End as of 30 Sep 2022 1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR ETN INCEPTION
MVFTTV (Index) -11.82 3.10 -39.67 -52.75 -- -- -- -48.88
Calendar Year as of 31 Dec 2021 2017 2018 2019 2020 2021
MVFTTV (Index) -- -- -- -- 605.20

Market Makers

Top 10 Holdings (%) as of 30 Sep 2022 View All Holdings »

Total Holdings: 1
Holding Name
Ticker
Number Market Value
(USD)
% of Net
Assets
FTX Token
FTT
29,930
721,353 100.18
Other/Cash
--
--
-1,294 -0.18
Top 10 Total (%) 100.00
These are not recommendations to buy or to sell any security. Securities and holdings may vary.