Aggressive expansion of digital asset ETPs with recent ETN launch on German and Swiss exchanges, allowing investment in bundle of world’s largest cryptocurrencies
Research, indexing solutions and other investment approaches from VanEck provide single point of contact for solving investors’ most pressing education and access challenges
Leading global asset manager VanEck begins 2022 with significant momentum behind its industry-leading efforts in the fast-evolving digital assets space.
Just last week, the firm’s European arm marked the launch of a new Exchange Traded Note (ETN) on the Deutsche Borse Xetra and SIX Swiss Exchange that allows investors to invest in a selected basket of the largest cryptocurrencies with the greatest liquidity. The ETN currently tracks six of the largest crypto assets, including bitcoin, Ethereum, and Solana.
As the firm continues its work to eventually make a U.S.-listed spot bitcoin ETF a reality, product innovation in Europe has continued at a torrid pace, with the firm now offering ETNs to European investors that provide exposure to the spot prices of:
- Bitcoin
- Ethereum
- Polkadot
- Solana
- TRON
- Avalanche, and
- Polygon.
“We were first to market in Europe with many of these exposures because we’re believers in the transformative nature of the underlying technologies, and because providing exposure to transformative investments is at the core of our firm’s DNA,” said Gijs Koning, co-head of VanEck Europe. “In early 2017, we determined that digital assets could provide a store of value alternative to currencies and gold, as well as a host of technology solutions that could bring down costs in the payments and investing industries.
“As the digital assets ecosystem has continued to innovate and grow, we have as well, with a focus on providing professional pricing and indexing via our MV Index Solutions subsidiary, interfacing with global regulators on digital asset ETPs and related topics, publishing high-quality research across a variety of platforms, and building a global product lineup to help investors gain key exposures through transparent, regulated investment structures.”
In the U.S., VanEck currently offers a range of digital asset private funds for high net worth individuals and institutions, as well as several exchange traded funds. One exchange traded fund provides exposure to companies that are driving innovation and adoption in the digital assets economy, while another provides a unique actively managed approach to investing in bitcoin futures.
Perhaps even more robust than the firm’s product lineup is the high-quality research VanEck produces on a regular basis, spearheaded by Head of Digital Assets Research Matthew Sigel. He and his colleagues regularly provide in-depth research and commentary designed to help sophisticated investors better understand new developments, shifts in sentiment, and critical updates around DeFi, smart contracts, crypto categorization, and much more.
“Education must keep pace with innovation, and for us, the two go hand in hand,” added Mr. Sigel. “We’re excited about all we have built on the digital assets front at VanEck but are even more excited about all that is still to come.”
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