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VETH
VanEck Ethereum ETN

Product Description

Invest in the fast-growing Ethereum ecosystem, with the ease and security of traditional finance. A growing ecosystem of smart-contract applications is being built on the Ethereum ecosystem, looking to disrupt finance and other sectors. As the platform gains ground, so its underlying currency is gaining value.

  • Ethereum is not just a currency but part of the infrastructure for digital assets
  • Our ETN overcomes the difficulties of buying direct
  • Tradeable like an ETF on regulated stock exchanges (albeit within a different segment)
  • 100% backed by Ethereum (ETH)
  • Stored at a regulated crypto custodian with crypto insurance (up to a limited amount)

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

MVIS CryptoCompare Ethereum VWAP Close Index (MVETHV Index).

Product Details
 

  • Product Ticker

    VETH
  • Custodian

    Bank Frick & Co. AG
  • Domicile

    Liechtenstein
  • UCITS Compliant

    No
  • UCITS Eligible

    Yes*
  • Index Ticker

    MVETHV
  • 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 09 Aug 2022

  • NAV1

    10.29
  • Notes Outstanding

    6,513,000
  • Number of Holdings

    1
  • Base Currency

    USD
  • Net Assets

    $67.0M
  • Product Structure

    Physical (Full Replication)
  • Income Treatment

    Reinvestment
  • Distribution Frequency

    None
  • Total Expense Ratio

    1.00%
  • Fact Sheet
  • VanEck Product List
  • Holiday Calendar

Trading Information as of 09 Aug 2022

Deutsche
Börse
EUR
Exchange Ticker VETH
ISIN DE000A3GPSP7
SEDOL BMTQZH4
Bloomberg VETH GY
Reuters (RIC) VETH.DE
Valor 110830519
Bloomberg iNAV VETHEUIV
Reuters iNAV --
WKN A3GPSP
Trading Currency EUR
Last Traded Price 9.97
Day's Move -0.53
Volume 180,396
30 Day Volume 233,977
VWAP Volume 180,396
SIX
Swiss Exchange
USD
Exchange Ticker VETH
ISIN DE000A3GPSP7
SEDOL BM90K60
Bloomberg VETH SE
Reuters (RIC) --
Valor 110830519
Bloomberg iNAV VETHEUIV
Reuters iNAV --
WKN A3GPSP
Trading Currency USD
Last Traded Price 10.20
Day's Move -0.53
Volume 0
30 Day Volume 350
VWAP Volume 0
SIX
Swiss Exchange
CHF
Exchange Ticker VETHCHF
ISIN DE000A3GPSP7
SEDOL BM90K82
Bloomberg VETHCHF SE
Reuters (RIC) --
Valor 110830519
Bloomberg iNAV VETHEUIV
Reuters iNAV --
WKN A3GPSP
Trading Currency CHF
Last Traded Price 9.72
Day's Move -0.51
Volume 0
30 Day Volume 605
VWAP Volume 0
Euronext
Amsterdam
EUR
Exchange Ticker VETH
ISIN DE000A3GPSP7
SEDOL --
Bloomberg VETH NA
Reuters (RIC) --
Valor 110830519
Bloomberg iNAV VETHEUIV
Reuters iNAV --
WKN A3GPSP
Trading Currency EUR
Last Traded Price 9.97
Day's Move -0.55
Volume 9,882
30 Day Volume 8,495
VWAP Volume 9,882
Euronext
Paris
EUR
Exchange Ticker VETH
ISIN DE000A3GPSP7
SEDOL --
Bloomberg VETH FP
Reuters (RIC) --
Valor 110830519
Bloomberg iNAV VETHEUIV
Reuters iNAV --
WKN A3GPSP
Trading Currency EUR
Last Traded Price 9.97
Day's Move -0.55
Volume 697
30 Day Volume 1,660
VWAP Volume 697

NAVs as of 09 Aug 2022

Base
Currency
NAV Daily
Change
NAV
YTD
Change
NAV
NAV Price
History
Total
Expense
Ratio
VETH USD $10.29 $-0.57 / -5.23% -55.36%
1.00

Performance History* (%)

Month End as of 31 Jul 2022 1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR ETN INCEPTION
VETH (NAV) 68.43 -39.58 -55.23 -31.00 -- -- -- 1.92
MVETHV (Index) 68.56 -39.40 -54.96 -30.29 99.24 54.82 -- 2.93
Performance Differential (NAV - Index) -0.13 -0.18 -0.27 -0.71 -- -- -- -1.01
Quarter End as of 30 Jun 2022 1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR ETN INCEPTION
VETH (NAV) -48.16 -70.31 -73.42 -52.87 -- -- -- -32.46
MVETHV (Index) -48.09 -70.22 -73.28 -52.39 50.43 28.26 -- -31.79
Performance Differential (NAV - Index) -0.07 -0.09 -0.14 -0.48 -- -- -- -0.67
Calendar Year as of 31 Dec 2021 2017 2018 2019 2020 2021
MVETHV (Index) -- -- -4.51 -- 420.71

Market Makers

Top 10 Holdings (%) as of 31 Jul 2022 View All Holdings »

Total Holdings: 1
Holding Name
Ticker
Number Market Value
(USD)
% of Net
Assets
Ethereum
ETH
38,518
64,859,677 100.03
Other/Cash
--
--
-17,659 -0.03
Top 10 Total (%) 100.00
These are not recommendations to buy or to sell any security. Securities and holdings may vary.