Sign-up to Receive
Our Latest Insights

VTOP
VanEck Crypto Leaders ETN

Product Description

The VanEck Crypto Leaders ETN is a fully-collateralized exchange traded note that invests in the largest and most liquid digital assets. The note seeks to replicate the value and yield performance of the MVIS® CryptoCompare Crypto Leaders VWAP Close Index.

  • Direct exposure to the most liquid digital assets amongst the top 10 in accordance with the custodian specifications applicable and the approvals by the relevant stock exchanges.
  • 100% backed by native tokens 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

MVIS CryptoCompare Crypto Leaders VWAP Close Index (MVLEADV Index).

Product Details
 

  • Product Ticker

    VTOP
  • Custodian

    Bank Frick & Co. AG
  • Domicile

    Liechtenstein
  • UCITS Compliant

    No
  • UCITS Eligible

    Yes*
  • Index Ticker

    MVLEADV
  • 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 05 Dec 2022

  • NAV1

    3.02
  • Notes Outstanding

    1,015,000
  • Number of Holdings

    7
  • Base Currency

    USD
  • Net Assets

    $3.1M
  • Product Structure

    Physical (Full Replication)
  • Income Treatment

    Reinvestment
  • Distribution Frequency

    None
  • Total Expense Ratio

    1.50%
  • Fact Sheet
  • VanEck Product List
  • Holiday Calendar

Trading Information as of 05 Dec 2022

Deutsche
Börse
EUR
Exchange Ticker VT0P
ISIN DE000A3GWEU3
SEDOL BPKC0R7
Bloomberg VT0P GY
Reuters (RIC) VT0P.DE
Valor 115718916
Bloomberg iNAV --
Reuters iNAV --
WKN A3GWEU
Trading Currency EUR
Last Traded Price --
Day's Move --
Volume --
30 Day Volume --
VWAP Volume --
SIX
Swiss Exchange
USD
Exchange Ticker VTOP
ISIN DE000A3GWEU3
SEDOL BPKC0S8
Bloomberg VTOP SE
Reuters (RIC) --
Valor 115718916
Bloomberg iNAV --
Reuters iNAV --
WKN A3GWEU
Trading Currency USD
Last Traded Price --
Day's Move --
Volume --
30 Day Volume --
VWAP Volume --
SIX
Swiss Exchange
CHF
Exchange Ticker VTOPCHF
ISIN DE000A3GWEU3
SEDOL BPKC0T9
Bloomberg VTOPCHF SE
Reuters (RIC) --
Valor 115718916
Bloomberg iNAV --
Reuters iNAV --
WKN A3GWEU
Trading Currency CHF
Last Traded Price --
Day's Move --
Volume --
30 Day Volume --
VWAP Volume --

NAVs as of 05 Dec 2022

Base
Currency
NAV Daily
Change
NAV
YTD
Change
NAV
NAV Price
History
Total
Expense
Ratio
VTOP USD $3.02 $0.04 / +1.34% -68.94%
1.50

Performance History* (%)

Month End as of 31 Oct 2022 1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR ETN INCEPTION
MVLEADV (Index) 6.95 -15.31 -65.16 -71.47 49.97 -- -- -60.45
Quarter End as of 30 Sep 2022 1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR ETN INCEPTION
MVLEADV (Index) -8.83 8.40 -67.43 -65.06 52.37 -- -- -63.02
Calendar Year as of 31 Dec 2021 2017 2018 2019 2020 2021
MVLEADV (Index) -- -- -- -- 256.37

Market Makers

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

Total Holdings: 7
Holding Name
Ticker
Number Market Value
(USD)
% of Net
Assets
Bitcoin
BTC
36
727,636 30.67
Ethereum
ETH
455
710,343 29.94
Cardano
ADA
699,764
280,819 11.84
Solana
SOL
7,155
235,491 9.92
Polygon
MATIC
173,777
156,841 6.61
Polkadot
DOT
22,751
151,227 6.37
Avalanche
AVAX
5,840
111,906 4.72
Other/Cash
--
--
-1,530 -0.06
Top 10 Total (%) 100.01
These are not recommendations to buy or to sell any security. Securities and holdings may vary.