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VAVA VanEck Avalanche ETN Please read important disclosure Close important disclosure true es en false false

VAVA
VanEck Avalanche ETN

VAVA
VanEck Avalanche ETN

  • NAV
    $2.30

    as of 04 Dec 2023
  • YTD RETURNS
    92.14%

    as of 04 Dec 2023
  • Total Net Assets
    $8.59 million

    as of 04 Dec 2023
  • Total Expense Ratio
    1.50%
  • Inception Date
    08 Dec 2021

Overview

Product Description

The VanEck Avalanche ETN is a fully-collateralized exchange traded note that invests in AVAX. The note seeks to replicate the value and yield performance of the MarketVector™ Avalanche VWAP Close Index.

  • Direct exposure to the tokens underpinning the smart contract Avalanche platform, unique for its fast speeds and light hardware specs.
  • 100% backed by Avalanche 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 Avalanche VWAP Close Index (MVAVAXV Index).

Performance

Holdings

Portfolio

Literature

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