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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



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 27 May 2022

  • NAV1

    5.80

  • Notes Outstanding

    120,000

  • 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 27 May 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 5.34
Day's Move -0.16
Volume 0
30 Day Volume 427
VWAP Volume 0

NAVs as of 27 May 2022

Base
Currency 		NAV Daily
Change
NAV 		YTD
Change
NAV 		NAV Price
History 		Total
Expense
Ratio
VFTX USD $5.80 $0.12 / +2.12% -42.02%
1.50

Performance History* (%)

View All ETNs View All Indices
Month End as of 30 Apr 2022 1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR ETN INCEPTION
MVFTTV (Index) -23.73 -8.50 -2.74 -27.76 -- -- -- -17.58
Quarter End as of 31 Mar 2022 1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR ETN INCEPTION
MVFTTV (Index) 18.58 27.52 27.52 28.76 -- -- -- 8.05
Calendar Year as of 31 Dec 2021 2017 2018 2019 2020 2021
MVFTTV (Index) -- -- -- -- 605.20

ETN returns not available if there is less than one year’s performance data.

*Periods greater than one year are annualised.

Performance quoted represents past performance. Current performance may be lower or higher than average annual returns shown. Discrete performance shows 12 month performance to the most recent Quarter end for each of the last 5yrs where available. E.g. '1st year' shows the most recent of these 12-month periods and '2nd year' shows the previous 12 month period and so on.

NAV performance is displayed in base currency (USD), price performance is displayed in trading currency (EUR).
Brokerage or transaction fees will apply.

Market Makers

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

Total Holdings: 1
Holding Name
Ticker
Number Market Value
(USD) 		% of Net
Assets
FTX Token
FTT
23,331
919,898 100.11
Other/Cash
--
--
-1,033 -0.11
Top 10 Total (%) 100.00
These are not recommendations to buy or to sell any security. Securities and holdings may vary.

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An investment in the promoted investment funds may only be made based on the investment fund’s official sales prospectus, the relevant supplement and KIID and will be subject to the terms and conditions contained therein.

An investment in an ETN may only be made based on the ETN’s most current sales prospectus, the Final Terms, the relevant summary and the KID and will be subject to the terms and conditions contained therein.

You can lose money by investing in the investment funds or ETNs. The value of the investments may go up or down and the investor may not get back the amount invested. Past performance is not a guide to future performance and should not be the sole factor of consideration when selecting an investment fund or ETN. Any investment in an investment fund or ETN should be part of an overall investment program, not a complete program. An investor should consider investment objectives, risks, charges, and expenses of the investment carefully before investing.

Investment fund- and ETN-investing involves risk, including possible loss of principal. Investors should consult the prospectus and key (investor) information document before subscribing to any investment fund or ETN. The prospectus, the key (investor) information documents and the financial reports can be obtained free of charge from this website and upon request from our registered office and the offices of all local information agents. The sales prospectuses of the investment funds and ETNs are only available in English and certain other languages as applicable.

Performance data for the Irish domiciled investment funds is displayed on a Net Asset Value basis, in Base Currency terms, with net income reinvested, net of fees. Brokerage or transaction fees will apply. Performance data for the Dutch domiciled ETFs include income distributions gross of Dutch withholding tax, net of fees and assume that the Dutch dividend withholding tax levied from the dividend payment of the ETF will be deducted or reclaimed with the Dutch tax authority and is reinvested. Different investor types and investors from other jurisdictions may not be able to achieve the same level of performance due to their tax status and local tax rules. Brokerage or transaction fees will apply. The Dutch domiciled ETFs use a gross reinvestment index. Please note that the performance includes income distributions gross of Dutch withholding tax because Dutch investors deduct or reclaim the 15% Dutch withholding tax levied. Different investor types and investors from other jurisdictions may not be able to achieve the same level of performance due to their tax status and local tax rules. For more information please be referred to the respective fund’s performance section on this website.

The sales prospectus and key (investor) information documents contain this and other information. Please read the sales prospectus and key (investor) information document carefully before investing.

Not Insured — No Bank Guarantee — May Lose Value

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