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VTOP VanEck Crypto Leaders ETN Please read important disclosure Close important disclosure true dk en false false
VTOP

Crypto Leaders ETP
VanEck Crypto Leaders ETN

VTOP

Crypto Leaders ETP
VanEck Crypto Leaders ETN

ISIN: DE000A3GWEU3 copy-icon

Product Description

The VanEck Crypto Leaders ETN is a fully-collateralized exchange traded note that invests in the largest and most liquid digital assets. The note seeks to replicate the value and yield performance of the MarketVector™ Crypto Leaders VWAP Close Index.

  • NAV
    $7.64

    as of 23 Feb 2024
  • YTD RETURNS
    11.63%

    as of 23 Feb 2024
  • Total Net Assets
    $23.80 million

    as of 23 Feb 2024
  • Total Expense Ratio
    1.50%
  • Inception Date
    14 Jan 2022

Overview

Product Description

The VanEck Crypto Leaders ETN is a fully-collateralized exchange traded note that invests in the largest and most liquid digital assets. The note seeks to replicate the value and yield performance of the MarketVector™ Crypto Leaders VWAP Close Index.

  • Direct exposure to the most liquid digital assets amongst the top 10 in accordance with the custodian specifications applicable and the approvals by the relevant stock exchanges.
  • 100% backed by native tokens 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

MarketVector Crypto Leaders VWAP Close Index (MVLEADV Index).

Fund Highlights

  • Direct exposure to the most liquid digital assets amongst the top 10 in accordance with the custodian specifications applicable and the approvals by the relevant stock exchanges.
  • 100% backed by native tokens 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

MarketVector Crypto Leaders VWAP Close Index (MVLEADV Index).

Performance

Holdings

Portfolio

Literature

Index