VanEck 在泛欧交易所推出 VanEck Pyth ETN，扩大其加密货币产品范围

2024 年 11 月 5 日，VanEck 在阿姆斯特丹泛欧交易所推出 VanEck Pyth ETN，扩大了其在加密货币领域的产品范围

On November 5, 2024, cryptocurrency investments took a new turn with the listing of the VanEck Pyth ETN on Euronext Amsterdam and Euronext Paris.

2024 年 11 月 5 日，随着 VanEck Pyth ETN 在阿姆斯特丹泛欧交易所和巴黎泛欧交易所上市，加密货币投资出现了新的转折。

This financial instrument provides investors with an opportunity to capitalize on the performance of the PYTH cryptocurrency, the native token of the Pyth Network, without having to directly purchase or hold the asset.

这种金融工具为投资者提供了利用 PYTH 加密货币（Pyth 网络的原生代币）的表现的机会，而无需直接购买或持有该资产。

According to a press release from VanEck, the Pyth Network is a decentralized oracle protocol that enables smart contracts to interact with real-world data, a crucial aspect for various applications in the financial sector.

根据 VanEck 的新闻稿，Pyth 网络是一种去中心化的预言机协议，使智能合约能够与现实世界的数据进行交互，这是金融领域各种应用程序的一个关键方面。

Without reliable oracle protocols, blockchain networks would remain isolated and unable to access external information, hindering applications in areas like decentralized finance (DeFi) and insurance.

如果没有可靠的预言机协议，区块链网络将保持孤立状态，无法访问外部信息，从而阻碍去中心化金融（DeFi）和保险等领域的应用。

The network specializes in collecting high-frequency data, making it a suitable solution for financial markets that require real-time information.

该网络专门收集高频数据，使其成为需要实时信息的金融市场的合适解决方案。

As smart contracts, powered by blockchain technology, gain prominence in finance with their diverse applications, the role of oracles in enabling these applications in the real world becomes increasingly evident, according to Martijn Rozemuller, CEO of VanEck Europe.

VanEck Europe 首席执行官 Martijn Rozemuller 表示，随着由区块链技术支持的智能合约以其多样化的应用在金融领域获得突出地位，预言机在现实世界中支持这些应用程序的作用变得越来越明显。

Investors can now be a part of a network that has the potential to become a key piece of infrastructure for DeFi applications with the Pyth ETN.

投资者现在可以成为网络的一部分，该网络有潜力成为 Pyth ETN 的 DeFi 应用基础设施的关键部分。

The VanEck Pyth ETN tracks the performance of the MarketVector Pyth Network VWAP Close Index, which is pegged to the price of the PYTH token used to process transactions within the network.

VanEck Pyth ETN 跟踪 MarketVector Pyth 网络 VWAP 收盘指数的表现，该指数与用于处理网络内交易的 PYTH 代币的价格挂钩。

It's worth noting that this ETN is fully collateralized, meaning the underlying assets are acquired and stored in “cold storage,” a practice that ensures a high level of security.

值得注意的是，该 ETN 是完全抵押的，这意味着基础资产被获取并存储在“冷存储”中，这种做法可确保高水平的安全性。

For the custody of cryptocurrencies in its ETNs, VanEck partners with Bank Frick, a regulated custodian in Liechtenstein.

为了托管其 ETN 中的加密货币，VanEck 与列支敦士登的受监管托管机构 Bank Frick 合作。

Being listed on regulated exchanges allows investors to buy and sell this new product in the same manner as other regulated financial assets.

在受监管的交易所上市，投资者可以像其他受监管的金融资产一样买卖这种新产品。

The ETN currently has a total expense ratio (TER) of 1.5%, but it's important to be aware of the inherent risk of extreme volatility associated with cryptocurrency investments.

ETN 目前的总费用比率 (TER) 为 1.5%，但重要的是要意识到与加密货币投资相关的极端波动的固有风险。

The launch of the VanEck Pyth ETN is a significant step towards the integration of cryptocurrencies into traditional markets and reflects the growing acceptance and demand for innovative financial solutions in Europe.

VanEck Pyth ETN 的推出是加密货币融入传统市场的重要一步，反映了欧洲对创新金融解决方案日益增长的接受度和需求。

This development marks a new era for digital asset investment, enabling investors to access more advanced and secure tools.

这一发展标志着数字资产投资的新时代，使投资者能够获得更先进、更安全的工具。

As interest in cryptocurrencies continues to rise, the role of networks like Pyth Network becomes increasingly critical in the global financial ecosystem.

随着人们对加密货币的兴趣持续上升，像 Pyth Network 这样的网络在全球金融生态系统中的作用变得越来越重要。