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VFTX VanEck FTX Token ETN Please read important disclosure Close important disclosure true de en false false
VFTX

FTX Token ETP
VanEck FTX Token ETN

VFTX

FTX Token ETP
VanEck FTX Token ETN

ISIN: DE000A3GWNC2 copy-icon
WKN: A3GWNC copy-icon

Product Description

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 MarketVector FTX Token VWAP Close.

  • NAV
    $0.39

    as of 01 Mar 2024
  • YTD RETURNS
    -43.55%

    as of 01 Mar 2024
  • Total Net Assets
    $46.98 thousand

    as of 01 Mar 2024
  • Total Expense Ratio
    1.50%
  • Inception Date
    24 Mar 2022

Overview

Product Description

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 MarketVector 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

Trading has been suspended since 14 November 2022. Any changes will be communicated to you on this website

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:
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

MarketVector FTX Token VWAP Close (MVFTTV Index).

Fund Highlights

  • 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

Trading has been suspended since 14 November 2022. Any changes will be communicated to you on this website

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

MarketVector FTX Token VWAP Close (MVFTTV Index).

Performance

Holdings

Portfolio

Literature

Index