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After Rapid Growth, VanEck Lowering Fees on Its Bitcoin ETN - Vimarsana News

After Rapid Growth, VanEck Lowering Fees on Its Bitcoin ETN

After Rapid Growth, VanEck Slashing Fees on Its Bitcoin ETN There’s still not a Bitcoin exchange traded fund in the U.S., but the VanEck Vectors Bitcoin ETN (VBTC), which trades on Deutsche Börse Xetra, is proving so successful that the issuer is lowering the annual fee on the product. “The VanEck Vectors Bitcoin ETN is a fully-collateralized exchange traded note that invests in bitcoin. The note seeks to replicate the value and yield performance of the MVIS CryptoCompare Bitcoin VWAP Close Index (MVBTCV Index),” according to the issuer. VBTC is just a few months old and is already ge...

MV Index Solutions: MVIS CryptoCompare Indices Accrue $1bn AUM as Institutional Investor Demand Soars - Vimarsana News

MV Index Solutions: MVIS CryptoCompare Indices Accrue $1bn AUM as Institutional Investor Demand Soars

MV Index Solutions: MVIS CryptoCompare Indices Accrue $1bn AUM as Institutional Investor Demand Soars MV Index Solutions GmbH (MVIS ) and CryptoCompare, a leading provider of digital asset data, announced today that products licensing their co-branded indices have surpassed $1 billion in assets under management. The milestone represents the huge growth in demand amongst institutional investors for products that provide exposure to digital assets. The demand for index services has been global with products launching in markets across America, Europe and Asia. In 2020 MVIS launched new indi...