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VSMA VanEck Smart Contract Leaders ETN Please read important disclosure Close important disclosure true dk en false false
VSMA

Smart Contract Leaders ETP
VanEck Smart Contract Leaders ETN

VSMA

Smart Contract Leaders ETP
VanEck Smart Contract Leaders ETN

ISIN: DE000A3GXNT4 copy-icon

Product Description

The VanEck Smart Contract Leaders ETN is a fully-collateralized exchange traded note that invests in the largest and most liquid smart contract assets. The note seeks to replicate the value and yield performance of the MarketVector™ Smart Contract Leaders VWAP Close Index.

  • NAV
    $12.43

    as of 18 Mar 2024
  • YTD RETURNS
    52.51%

    as of 18 Mar 2024
  • Total Net Assets
    $4.10 million

    as of 18 Mar 2024
  • Total Expense Ratio
    1.50%
  • Inception Date
    26 Apr 2022

Overview

Product Description

The VanEck Smart Contract Leaders ETN is a fully-collateralized exchange traded note that invests in the largest and most liquid smart contract assets. The note seeks to replicate the value and yield performance of the MarketVector™ Smart Contract Leaders VWAP Close Index.

  • Direct exposure to the most liquid smart contract assets 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

MarketVector Smart Contract Leaders VWAP Close Index (MVSCLEV Index).

Fund Highlights

  • Direct exposure to the most liquid smart contract assets 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

MarketVector Smart Contract Leaders VWAP Close Index (MVSCLEV Index).

Performance

Holdings

Portfolio

Literature

Index