Leading global asset manager VanEck is today celebrating the growth of its smart contracts investment lineup, as it launches a new ETN in the European marketplace focusing on leading smart contract digital assets. The firm earlier this year launched the VanEck Smart Contract Leaders Fund in the U.S.
This new ETN provides a simple, bundled investment in five of today’s most important smart contract applications, including Ethereum, Solana, Cardano, Polkadot and TRON. No single coin may make up more than 30% of the ETN’s holdings at any given time, ensuring diversification across smart contract leaders.
“Smart contracts represent a crucial component of the decentralized finance universe and are already reshaping numerous corners of the traditional finance world as well,” said Matthew Sigel, Head of Digital Assets Research with VanEck. “Our digital assets investment line-up offers investors a powerful tool for adding smart contract leaders exposure to their portfolios, without having to go ‘all in’ on a single cryptocurrency.”
The lineup of VanEck European-listed digital asset ETNs includes notes that provide exposure to the spot prices of:
- Bitcoin
- Ethereum
- Polkadot
- Solana
- TRON
- Avalanche
- Polygon
- Algorand
- FTX Token, and
- Terra
Additionally, VanEck has continued to aggressively build out its lineup of digital assets-focused offerings in the U.S. In addition to the Smart Contract Leaders Fund, the firm has introduced a handful of new digital assets Limited Partnerships for institutions and accredited investors, including vehicles focused on Bitcoin and income generation from the digital asset ecosystem. The firm also has a suite of U.S.-listed ETFs that includes funds focused on companies that are driving innovation and adoption in the digital assets economy, digital assets miners, and actively managed exposure to bitcoin futures.
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