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VPYT VanEck Pyth ETN Please read important disclosure Close important disclosure true
VPYT

VPYT
VanEck Pyth ETN

VPYT

VPYT
VanEck Pyth ETN

ISIN: DE000A4A5Z07 copy-icon
research-link-icon Why invest in a Pyth ETN?
Why invest?
Documents
research-link-icon Fact Sheet
research-link-icon KID
research-link-icon Final Terms
research-link-icon Summary
research-link-icon Base Prospectus
research-link-icon Coin Entitlement History

Product Description

Harness the power of real-time market data with the reliability of a decentralized oracle network. Pyth brings high-fidelity financial information to the blockchain, enabling more accurate and efficient DeFi applications. The VanEck Pyth ETN is a fully-collateralized exchange traded note that invests in the PYTH Token.

  • NAV
    $8.84

    as of 04 Nov 2024
  • Performance since inception
    -12.12%

    as of 04 Nov 2024
  • Total Net Assets
    $10.35 million

    as of 04 Nov 2024
  • Total Expense Ratio
    1.50%
  • Inception Date
    30 Oct 2024
research-link-icon Why invest in a Pyth ETN?
Why invest?
Documents
research-link-icon Fact Sheet
research-link-icon KID
research-link-icon Final Terms
research-link-icon Summary
research-link-icon Base Prospectus
research-link-icon Coin Entitlement History

Overview

Product Description

Harness the power of real-time market data with the reliability of a decentralized oracle network. Pyth brings high-fidelity financial information to the blockchain, enabling more accurate and efficient DeFi applications. The VanEck Pyth ETN is a fully-collateralized exchange traded note that invests in the PYTH Token.

  • 100% backed by PYTH Token
  • Stored at a regulated crypto custodian, with crypto insurance (up to a limited amount)
  • Tradeable like an ETF on regulated stock exchanges (albeit within a different segment)

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™ Pyth Network VWAP Close Index (MVPYTHV Index).

Fund Highlights

  • 100% backed by PYTH Token
  • Stored at a regulated crypto custodian, with crypto insurance (up to a limited amount)
  • Tradeable like an ETF on regulated stock exchanges (albeit within a different segment)

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™ Pyth Network VWAP Close Index (MVPYTHV Index).

Risicoscore: 7

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

Technology

Sustainable

Crypto

Metal

Real Estate

Dividend

Index

Index Description

MVPYTHV is a rules based, modified capitalization weighted index intended to give investors a means of tracking the overall performance of the leading digital asset regarding size, liquidity, legitimacy/quality and infrastructure. The intraday price, which is disseminated every 15 seconds, is based on a methodology which collects prices from several digital assets exchanges and weights them based on their liquidity. The closing price, disseminated at 16:00:00 PM CET is a volume weighted average of the last 60 minutes prior to close. Further information about MVPYTHV e.g. with regards to the index methodology and changes of the index may be found on www.marketvector.com.

Awards