The VanEck Bitcoin ETN directly holds bitcoin, fully backed and securely stored in cold storage by a regulated crypto custodian with insurance coverage. It aims to mirror the performance of the MVIS CryptoCompare Bitcoin VWAP Close Index, providing investors with direct exposure to bitcoin, the largest and most liquid cryptocurrency. The ETN is traded on the Deutsche Börse Xetra exchange, offering a straightforward way to invest in bitcoin through a traditional trading platform.
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bitcoincryptocurrencymvis cryptocompare bitcoin vwap close index