Ethereum ETP
VanEck Ethereum ETN
Ethereum ETP
VanEck Ethereum ETN
Product Description
Invest in the fast-growing Ethereum ecosystem, with the ease and security of traditional finance. A growing ecosystem of smart-contract applications is being built on the Ethereum ecosystem, looking to disrupt finance and other sectors. As the platform gains ground, so its underlying currency is gaining value.
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NAV$17.94
as of 08 May 2024 -
YTD RETURNS30.35%
as of 08 May 2024 -
Total Net Assets$140.12 million
as of 08 May 2024 -
Total Expense Ratio1.00%
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Inception Date26 Mar 2021
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Gross staking yield1.30%
Overview
Product Description
Invest in the fast-growing Ethereum ecosystem, with the ease and security of traditional finance. A growing ecosystem of smart-contract applications is being built on the Ethereum ecosystem, looking to disrupt finance and other sectors. As the platform gains ground, so its underlying currency is gaining value.
- Ethereum is not just a currency but part of the infrastructure for digital assets
- Our ETN overcomes the difficulties of buying direct
- Tradeable like an ETF on regulated stock exchanges (albeit within a different segment)
- 100% backed by Ethereum (ETH)
- Stored at a regulated crypto custodian with crypto insurance (up to a limited amount)
- Earn up to 5% additional yield through staking rewards* with the VanEck Ethereum ETN
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, Staking Risk, Legal and Regulatory Risks. *Staking rewards are not guaranteed.
Underlying Index
MarketVector Ethereum VWAP Close Index (MVETHV Index).
Fund Highlights
- Ethereum is not just a currency but part of the infrastructure for digital assets
- Tradeable like an ETF on regulated stock exchanges (albeit within a different segment)
- 100% backed by Ethereum (ETH)
- Stored at a regulated crypto custodian with crypto insurance (up to a limited amount)
- Earn up to 5% additional yield through staking rewards* with the VanEck Ethereum ETN
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, Staking Risk, Legal and Regulatory Risks. *Staking rewards and yield are not guaranteed.
Underlying Index
MarketVector Ethereum VWAP Close Index (MVETHV Index).
