VanEck Avalanche ETN A
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General Objective
The VanEck Avalanche ETN is a fully-collateralized exchange traded note that seeks to replicate the value and yield performance of the MVIS® CryptoCompare Avalanche VWAP Close Index. The note provides direct exposure to the tokens underpinning the smart contract Avalanche platform.
Fund Exposure
This fund is primarily exposed to AVAX tokens, aiming to replicate the performance of the MVIS® CryptoCompare Avalanche VWAP Close Index. It offers unique exposure to the tokens supporting the Avalanche platform, known for its fast speeds and light hardware specifications.
Risks
Investing in the VanEck Avalanche ETN involves risks such as potential fluctuations in the value of digital assets held by the issuer, market and economic conditions, and specific issuer factors. Investors should carefully consider these risks before investing in the fund.