The VanEck FTX Token ETN is a fully-collateralized exchange traded note that invests in FTT. The note seeks to replicate the value and yield performance of the MVIS CryptoCompare FTX Token VWAP Close.
- Direct exposure to the tokens underpinning the FTX Exchange.
- 100% backed by FTT 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 FTX Token VWAP Close (MVFTTV Index).