Risk: You may lose money up to the total loss of your investment due to the extreme volatility of this asset class and the Main Risk Factors described below and additional risks described in the sales prospectus.
Solana’s blazing speeds make it ideal for blockchain applications. It’s by far the fastest smart contract platform and has one of the lowest transaction costs.
The protocol is based on ‘proof-of-history’ crypto technology that is the key to its greater speed.
The platform is backed by a proven Silicon Valley entrepreneur, who discovered that the rival Ethereum was just not fast enough for blockchain apps. Today, Solana is one of the fastest-growing crypto platforms, with use-cases that range from finance to NFTs to gaming.
The Solana platform has been developed to meet a basic need identified by the market: a lightning-speed ecosystem that can scale to a billion simultaneous users.
It’s quickly attracting users, as the blockchain ecosystem rapidly evolves.
This ETN tracks the value of SOL and uses the MVIS CryptoCompare Solana VWAP Close Index for the calculation of its NAV.
Solana ETN by VanEck is based on the MVIS CryptoCompare Ethereum VWAP Close Index and closely tracks the solana price.
VanEck gives you exposure to Solana without the hassle and operational risk of private keys and unverified exchanges. In summary, Solana ETN by VanEck offers a number of significant advantages:
Every Euro invested into a Solana ETN by VanEck will be used to buy Solana
Solana ETN can be bought/sold like a stock, which brings the following advantages:
Despite all the hype, digital assets are a highly risky investment. Below are key risk factors that need to be considered before making an investment in Solana ETN.
The trading prices of many digital assets have experienced extreme volatility in recent periods and may continue to do so, and staking activities may contribute to this volatility. There is a risk of total loss as no guarantee can be made regarding custody due to hacking risk, counterparty risk and market risk.
Trading venues/systems may be subject to hacking and can lead to loss.
market disruptions and governmental interventions may make digital assets illegal.
