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 MVIS® CryptoCompare 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
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
MVIS CryptoCompare Avalanche VWAP Close Index (MVAVAXV Index).