Polkadot ETP
VanEck Polkadot ETN
Polkadot ETP
VanEck Polkadot ETN
Product Description
Join the blockchain’s next generation. Polkadot is a relatively low-cost, flexible smart contract platform for entrepreneurs building their own blockchains that should connect with other blockchains.
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NAV$1.34
as of 30 Aug 2024 -
YTD RETURNS-50.18%
as of 30 Aug 2024 -
Total Net Assets$4.04 million
as of 30 Aug 2024 -
Total Expense Ratio1.50%
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Inception Date13 Sep 2021
Overview
Product Description
Join the blockchain’s next generation. Polkadot is a relatively low-cost, flexible smart contract platform for entrepreneurs building their own blockchains that should connect with other blockchains.
- Next-generation blockchain platform that allows interoperability
- Unique positioning in blockchain ecosystem
- Growing rapidly in usage and market capitalization
- Tradeable like an ETFon regulated stock exchanges (albeit within a different segment)
- 100% collateralized with Polkadot (DOT)
- Stored at a regulated crypto custodian with crypto insurance (up to a limited amount)
The VanEck Digital Assets ETNs provide the right to redeem against delivery of the respective cryptocurrency. In our opinion, therefore, after the expiry of a holding period of 12 months, the result from the return may be tax-free (non-taxable) for private investors who are taxable in Germany.
This information does not constitute tax advice and cannot replace it. For an assessment of your taxation, please contact your tax advisor.
Risk Factors: Loss and Volatility Risk, Currency Risk, Technology Risk
Underlying Index
MarketVector™ Polkadot VWAP Close Index (MVDOTV Index).
Fund Highlights
- Next-generation blockchain platform that allows interoperability
- Unique positioning in blockchain ecosystem
- Growing rapidly in usage and market capitalization
- Tradeable like an ETFon regulated stock exchanges (albeit within a different segment)
- 100% collateralized with Polkadot (DOT)
- Stored at a regulated crypto custodian with crypto insurance (up to a limited amount)
Risk Factors: Loss and Volatility Risk, Currency Risk, Technology Risk
Underlying Index
MarketVector™ Polkadot VWAP Close Index (MVDOTV Index).