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VPOL VanEck Polygon ETN Please read important disclosure Close important disclosure true
VPOL

Polygon ETP
VanEck Polygon ETN

VPOL

Polygon ETP
VanEck Polygon ETN

ISIN: DE000A3GV1U5 copy-icon

Product Description

The VanEck Polygon ETN is a fully-collateralized exchange traded note that invests in POL. The note seeks to replicate the value and yield performance of the MarketVector™ Polygon VWAP Close Index

  • NAV
    $1.20

    as of 05 Nov 2024
  • YTD RETURNS
    -69.72%

    as of 05 Nov 2024
  • Total Net Assets
    $1.29 million

    as of 05 Nov 2024
  • Total Expense Ratio
    1.50%
  • Inception Date
    08 Dec 2021

Overview

Product Description

The VanEck Polygon ETN is a fully-collateralized exchange traded note that invests in POL. The note seeks to replicate the value and yield performance of the MarketVector™ Polygon VWAP Close Index

  • Direct exposure to Polygon, a “layer 2” blockchain which uses an innovative SDK (software development kit) to attract developers looking to build Ethereum-compatible decentralized applications more cost efficiently.
  • 100% backed by Polygon 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 Polygon VWAP Close Index (MVMATICV Index).

Fund Highlights

  • Direct exposure to Polygon, a “layer 2” blockchain which uses an innovative SDK (software development kit) to attract developers looking to build Ethereum-compatible decentralized applications more cost efficiently.
  • 100% backed by Polygon 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 Polygon VWAP Close Index (MVMATICV Index).

Capital Markets

VanEck partners with esteemed market makers to ensure the availability of our products for trading on the mentioned stock exchanges. Our Capital Markets team is committed to continuously monitoring and assessing spreads, sizes, and prices to ensure optimal trading conditions for our clients. Furthermore, VanEck ETFs are available on various trading platforms, and we collaborate with a wider range of reputable Authorized Participants (APs) to promote an efficient and fair trading environment. For more information about our APs and to contact our Capital Markets team, please visit factsheet capital markets.pdf.

Performance

Holdings

Portfolio

Literature

Index

Index Description

The MarketVector Polygon VWAP Close Index is designed to track the performance of a Polygon digital asset. There is no component other than POL in the index. The index is calculated daily between 00:00 and 24:00 (CET) and the index values are disseminated to data vendors every 15 seconds. The index is disseminated in USD and the closing value is calculated at 16:00:00 CET based on 1h volume weighted average prices (VWAPs) between 15:00 and 16:00 CET. The VWAPs are calculated with CCCAGG prices. Further information about MVMATICV e.g. with regards to the index methodology and changes of the index may be found on www.marketvector.com.

Awards