Chainlink ETP
VanEck Chainlink ETN
Chainlink ETP
VanEck Chainlink ETN
Product Description
The VanEck Chainlink ETN is a fully-collateralized exchange traded note that invests in a LINK digital asset. The note seeks to replicate the value and yield performance of the MarketVector™ Chainlink VWAP Close Index.
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NAV$7.69
as of 04 Nov 2024 -
YTD RETURNS-32.37%
as of 04 Nov 2024 -
Total Net Assets$3.89 million
as of 04 Nov 2024 -
Total Expense Ratio1.50%
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Inception Date26 Apr 2022
Overview
Product Description
The VanEck Chainlink ETN is a fully-collateralized exchange traded note that invests in a LINK digital asset. The note seeks to replicate the value and yield performance of the MarketVector™ Chainlink VWAP Close Index.
- Direct exposure to the tokens underpinning the Chainlink platform.
- 100% backed by the native token 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 Chainlink VWAP Close Index (MVLINKV Index).
Fund Highlights
- Direct exposure to the tokens underpinning the Chainlink platform.
- 100% backed by the native token 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 Chainlink VWAP Close Index (MVLINKV Index).