VanEck Bitcoin ETN | Fact Sheet

VBTC

VanEck
Bitcoin ETN

30 aprile 2024

Product Details

Valuta di riferimento	USD
Data di lancio	19 novembre 2020
Domicilio	Liechtenstein
Patrimonio netto	$418,5M
Note in circolazione	12.724.000
Total Expense Ratio (TER)	1,00%
Struttura del prodotto	Fisico (replica completa)
Conforme alla normativa UCITS	No
UCITS Eligible	Yes*
Frequenza di distribuzione	Nessuno
Destinazione del reddito	Reinvestimento
Numero VALOR	58450415
Ammissibilità ISA	n/a
Con requisiti SIPP	n/a
Paesi di Registrazione	AT, CH, DE, DK, ES, FI, FR, IT, LI, LU, NL, NO, PL, PT, SE

^* This might be seen differently by local regulators in single EU member states and the fund manager is recommended to verify this.

Informazioni sull'Indice

Index Provider	MarketVector Indexes GmbH
Tipo di indice	Price
Valuta	USD
Data di lancio	31 dicembre 2014
Ticker Bloomberg	MVBTCV
Ticker Reuters	.MVBTCV

Informazioni prodotto

Numero delle posizioni	1
Capitalizzazione di mercato media ponderata	USD 1222,9B

* Ultimi 12 mesi

DESCRIZIONE DEL PRODOTTO

VanEck Bitcoin ETN è una nota negoziata in borsa completamente collateralizzata che investe in bitcoin. L’obiettivo della nota è replicare la performance, in termini di valore e rendimento, dell'MarketVector Bitcoin VWAP Close Index (MVBTCV Index).

Accesso diretto alla criptovaluta più diffusa e più liquida, il bitcoin
Supportato al 100% da bitcoin in cold storage presso un depositario di criptovalute regolamentato, provvisto di assicurazione sui depositi in valute virtuali
Negoziabile come un ETF su Deutsche Börse Xetra

Andamento storico della performance (%)

Fine del mese dati al 30 aprile 2024	1 mese	Da inizio anno (YTD)	1 anno	3 anni	5 anni	ETN INCEPTION
VBTC (NAV)	-13,64	43,39	106,43	2,38	--	41,11
MVBTCV (Index)	-13,56	43,85	108,47	3,41	62,76	42,63

Le performance passate non possono prevedere i ritorni futuri.

I periodi superiori a un anno sono annualizzati.

La tabella riporta la performance passata, che non è garanzia dei risultati futuri e potrebbe essere sia superiore sia inferiore alla performance attuale.

I ritorni sugli investimenti possono fluttuare; di conseguenza, all'atto del rimborso, le note degli investitori potrebbero avere un valore maggiore o minore rispetto al loro costo originario. I ritorni degli ETN considerano il reinvestimento di qualsiasi eventuale plusvalenza. La performance di un indice non è indicativa della performance degli ETN. Gli indici non sono titoli in cui sia possibile investire.

Il valore dell'ETN è determinato alle 16:00 CET di ogni giorno lavorativo e rappresenta il valore in dollari di una nota; è calcolato prendendo gli asset totali correlati all'ETN, sottraendo il totale delle passività e dividendo infine per il numero totale delle note circolanti. Il valore non corrisponde necessariamente al prezzo di trading intraday degli ETN. Gli investitori non devono aspettarsi di acquistare o vendere l'ETN al valore determinato. Per informazioni importanti, consultare il retro.

VBTC

VanEck
Bitcoin ETN

30 aprile 2024

Informazioni di negoziazione

BORSA	VALUTA DI NEGOZIAZIONE	ISIN	TICKER	TICKER BLOOMBERG	TICKER REUTERS	SEDOL	SIMBOLO IOPV
DEUTSCHE BÖRSE	EUR	DE000A28M8D0	VBTC	VBTC GY	VBTC1.DE	BMHSTC5	VBTCIV
SIX SWISS EXCHANGE	CHF	DE000A28M8D0	VBTCCHF	VBTCCHF SE	VBTCCHF.S	BM90K59	VBTCIV
EURONEXT AMSTERDAM	USD	DE000A28M8D0	VBTC	VBTC NA	VBTC1.AS	BMZ5KP8	VBTCIV
EURONEXT PARIS	EUR	DE000A28M8D0	VBTC	VBTC FP	VBTC1.PA	BMZ5KQ9	VBTCIV

Informazioni importanti

Esclusivamente per scopi informativi e pubblicitari.

VanEck serve esclusivamente clienti professionali, e non clienti semi-professionali o investitori privati, nei paesi in cui gli ETN sono registrati per la distribuzione al pubblico o in cui gli ETN possono essere venduti in conformità con le regole locali sul collocamento privato.

Le informazioni contenute nel presente documento possono cambiare in qualunque momento; i dati correnti possono essere diversi dai dati riportati. Questo documento non fornisce una previsione dei risultati futuri né un elenco completo di tutti i fattori o di tutte le considerazioni potenzialmente pertinenti per un investimento. Le attuali condizioni di mercato potrebbero cambiare. Le informazioni proprietarie non riferibili a VanEck contenute nel presente documento sono state ottenute da fonti ritenute affidabili, ma non garantite. Nessuna parte di questo materiale può essere riprodotta in alcuna forma né citata in un’altra pubblicazione senza l’esplicita autorizzazione scritta di VanEck. © 2020 VanEck.

Questo documento ha finalità illustrative per gli e i relativi consulenti di investimento e non costituisce consulenza legale, fiscale o di investimento. Pertanto non si devono prendere decisioni di investimento basandosi sul suo contenuto. Qualsiasi decisione di investimento deve essere effettuata sulla base della comprensione del prospetto e del documento contenente le informazioni chiave ("KID"), disponibile all'indirizzo www.vaneck.com e presso la sede legale di VanEck (Europe) GmbH, Kreuznacher Straße 30, 60486 Francoforte sul Meno, Germania. Si raccomanda di leggere questi documenti prima di effettuare un investimento, prendendo atto dei fattori di rischio. Nota: non vi è alcuna garanzia che l'ETN realizzerà il proprio obiettivo. Il valore di un investimento può aumentare o diminuire. Si consiglia a chiunque intenda investire nell'ETN di rivolgersi a consulenti legali e fiscali indipendenti per stabilire se l'investimento sia adeguato ai propri obiettivi.

Il capitale investito nell'ETN è soggetto al rischio di perdita. Qualunque investimento nell'ETN dovrebbe rientrare in un programma d’investimento generale. Un investimento nell'ETN è esposto a rischi che includono, tra gli altri, costi di transazione rilevanti derivanti da attività di ribilanciamento e oscillazioni nel valore degli asset digitali detenuti dall'emittente dell'ETN dovute a condizioni di mercato ed economiche o a fattori relativi a emittenti specifici. Alcuni asset digitali possono essere più volatili di altri. Per queste e altre considerazioni di rischio, si rinvia al prospetto informativo e al documento contenente le informazioni chiave.

Lo IOPV è calcolato da S&P Global Ltd..

VanEck Vectors Morningstar US Wide Moat UCITS ETF (the Fund) is a sub-fund of VanEck Vectors UCITS ETFs plc. (the Umbrella Fund), organised under the laws of Ireland. This document is for illustrative purposes to Investors and their investment consultants and does not constitute legal, tax, or investment advice. You must therefore not rely on the content of this document when making any investment decisions. Any investment decision should be made on the basis of an understanding of the prospectus and the key investor information document (“KIID”), which is available at www.vaneck.com/etf-europe/ and VanEck Investments Limited at its registered office at 25-28 North Wall Quay, Dublin 1, Ireland. Please read these documents before investing and take note of the risk factors. Note: no guarantee can be provided that the Fund will attain its objective. The value of an investment may decline as well as increase. Nothing contained herein constitutes investment, tax or legal advice. All persons interested in investing in the Fund are recommended to seek advice from independent legal and tax advisors in order to ascertain whether the investment is appropriate to their own objectives.

Morningstar® Wide Moat Focus Index^TM is a trade mark of Morningstar inc. and has been licensed for use for certain purposes by VanEck. VanEck Vectors Morningstar US Wide Moat UCITS ETF is not sponsored, endorsed, sold or promoted by Morningstar and Morningstar makes no representation regarding the advisability in VanEck Vectors Morningstar US Wide Moat UCITS ETF.

Please note that the information herein may change at any time; current data may differ from data quoted. It is not intended to be a forecast of future results, a comprehensive statement of all of the factors or considerations which may be relevant to an investment. Current market conditions may not continue. Non-VanEck proprietary information contained herein has been obtained from sources believed to be reliable, but not guaranteed. No part of this material may be reproduced in any form, or referred to in any other publication, without express written permission of VanEck. ©2016 VanEck.

You can lose money by investing in the Fund. Any investment in the Fund should be part of an overall investment program, not a complete program. An investment in the Fund may be subject to product specific risks. These may negatively impact the Fund’s return. All risks are described in detail in the Prospectus and KIID.

The IOPV is calculated by Solactive AG.

No invitation to offer, or offer for, or sale of, the shares of any fund mentioned herein will be made to the People’s Republic of China (“PRC”) (which, for such purposes, does not include the Hong Kong or Macau Special Administrative Regions or Taiwan) or by any means that would be deemed public under the Laws of the PRC. The information relating to any fund mentioned herein has not been submitted to or approved by the China Securities Regulatory Commission or other relevant governmental authorities in the PRC. Such funds may only be offered or sold to investors in the PRC that are expressly authorized under the laws and regulations of the PRC to buy and sell securities denominated in foreign exchange. Potential investors resident in the PRC are responsible for obtaining all relevant approvals from the government authorities of the PRC, including but not limited to the State Administration of Foreign Exchange, before purchasing the shares. This document further does not constitute any securities or investment advice to citizens of the PRC, or nationals with permanent residence in the PRC, or to any corporation, partnership, or other entity incorporated or established in the PRC.

This material does not constitute an offer to sell or solicitation to buy any security, including shares of any Fund. An offer or solicitation will be made only through a Fund’s prospectus or summary prospectus and will be subject to the terms and conditions contained therein. This material and the information provided herein are not directed at or intended for distribution to any person (or entity) who is a citizen or resident of (or located or established in) any jurisdiction where the distribution of these materials and/or the purchase or sale of interests of a Fund would be contrary to applicable law or regulation or would subject a Fund to any registration or licensing requirement in such jurisdiction. Persons who wish to review this material are required to inform themselves about and to observe any legal or regulatory restrictions which may affect their eligibility to make an investment in a Fund.

Fund shares are not individually redeemable and will be issued and redeemed at their net asset value (NAV) only through certain authorized broker-dealers in large, specified blocks of shares called “creation units” and otherwise can be bought and sold only through exchange trading. Creation units are issued and redeemed principally in kind. Shares may trade at a premium or discount to their NAV in the secondary market. You will incur brokerage expenses when trading fund shares in the secondary market. Past performance is no guarantee of future results. Returns for an actual fund’s investments may differ from what is shown because of differences in timing, the amount invested and fees and expenses.

Morningstar® Wide Moat Focus IndexTM is a trade mark of Morningstar inc. and has been licensed for use for certain purposes by VanEck. VanEck Vectors Morningstar US Wide Moat UCITS ETF is not sponsored, endorsed, sold or promoted by Morningstar and Morningstar makes no representation regarding the advisability in VanEck Vectors Morningstar US Wide Moat UCITS ETF.

The contents of this material have not been reviewed nor endorsed by any regulatory authority in Hong Kong. Hong Kong residents are advised to exercise caution in relation to this offer. An investment in any fund mentioned herein may not be suitable for everyone. If you are in any doubt about the contents of this material, you should consult your stockbroker, bank manager, solicitor, accountant or other financial adviser for independent professional advice. Such funds are not authorised by the Securities and Futures Commission (“SFC”) in Hong Kong pursuant to Section 104 of the Securities and Futures Ordinance (Cap 571, Laws of Hong Kong) (“SFO”). This material has not been approved by the SFC in Hong Kong, nor has a copy of it been registered with the Registrar of Companies in Hong Kong and, must not, therefore, be issued, or possessed for the purpose of issue, to persons in Hong Kong other than (1) professional investors within the meaning of the SFO (including professional investors as defined by the Securities and Futures (Professional Investors) Rules); or (2) in circumstances which do not constitute an offer to the public for the purposes of the Companies Ordinance (Cap 32, Laws of Hong Kong) or the SFO. This material is distributed on a confidential basis and may not be reproduced in any form or transmitted to any person other than the person to whom it is addressed. No interest/rights/shares in any fund mentioned herein will be issued to any person other than the person to whom this material has been addressed and no person other than such addressee may treat the same as constituting an invitation for him to invest.

The IOPV is calculated by Solactive AG.

This material does not constitute an offer to sell or solicitation to buy any security, including shares of any Fund. An offer or solicitation will be made only through a Fund’s prospectus or summary prospectus and will subject to the terms and conditions contained therein. This material and the information provided herein are not related to a collective investment scheme which is authorised under section 286 of the Securities and Futures Act, Chapter 289 of Singapore (the “SFA”) or recognised under section 287 of the SFA. The Funds mentioned herein are not authorised or recognised by the Monetary Authority of Singapore (the “MAS”) and Shares/Units/Interests are not allowed to be offered to the retail public. This material is not a prospectus as defined in the SFA. Accordingly, statutory liability under the SFA in relation to the content of prospectuses would not apply. You should consider carefully whether the investment is suitable for you.

This material has not been registered as a prospectus with the MAS. Accordingly, this material and any other document or material in connection with it, may not be circulated or distributed, nor may Shares/Units/Interests be offered or sold, or be made the subject of an invitation for subscription or purchase, whether directly or indirectly, to persons in Singapore other than (i) to an institutional investor under Section 304 of the SFA, (ii) to a relevant person pursuant to Section 305(1), or any person pursuant to Section 305(2), and in accordance with the conditions specified in Section 305 of the SFA, or (iii) otherwise pursuant to, and in accordance with the conditions of, any other applicable provision of the SFA. Professional advice shall be sought in cases of doubt.

The IOPV is calculated by Solactive AG.

Shares of any fund mentioned herein are being made available in the Republic of China (“R.O.C.”) on a private placement basis only to banks, bills houses, trust enterprises, insurance companies, securities firms, financial holding companies and other qualified entities or institutions (collectively, “Qualified Institutions”) and other entities and individuals meeting specific criteria (“Other Qualified Investors”) pursuant to the private placement provisions of the R.O.C. Rules Governing Offshore Funds. No other offer or sale of the shares in the R.O.C. is permitted. R.O.C. purchasers of the shares may not sell or otherwise dispose of their holdings except by redemption, transfer to a Qualified Institution or Other Qualified Investor, transfer by operation of law or other means approved by the R.O.C. Financial Supervisory Commission.