VanEck ETF

VanEck : First Bitcoin ETN tradable on Xetra

VanEck : Since Wednesday, the first crypto ETN issued by VanEck has been tradable via Xetra and Börse Frankfurt.

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With the VanEck Vectors Bitcoin ETN, investors can easily participate in the performance of the crypto currency Bitcoin.

The Exchange Traded Note tracks the MVIS CryptoCompare Bitcoin VWAP Close Index and is secured by Bitcoin.

Thanks to central clearing, investors also benefit from significantly reduced risks in the settlement of transactions.

Name : VanEck Vectors Bitcoin ETN

Asset class : ETN

ISIN : DE000A28M8D0

Ongoing charges : 2 per cent

Reference index : MVIS CryptoCompare Bitcoin VWAP Close Index

Source: ETFWorld

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