VanEck 在泛歐交易所推出 VanEck Pyth ETN，擴大加密貨幣產品範圍

2024 年 11 月 5 日，VanEck 在阿姆斯特丹泛歐交易所推出 VanEck Pyth ETN，擴大了加密貨幣領域的產品範圍

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，隨著 VanEck Pyth ETN 在阿姆斯特丹泛歐交易所和巴黎泛歐交易所上市，加密貨幣投資出現了新的轉折。

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.

這種金融工具為投資者提供了利用 PYTH 加密貨幣（Pyth 網路的原生代幣）表現的機會，而無需直接購買或持有該資產。

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.

根據 VanEck 的新聞稿，Pyth 網路是一種去中心化的預言機協議，使智能合約能夠與現實世界的數據進行交互，這是金融領域各種應用程式的關鍵方面。

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.

如果沒有可靠的預言機協議，區塊鏈網路將保持孤立狀態，無法存取外部訊息，從而阻礙去中心化金融（DeFi）和保險等領域的應用。

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

該網路專門收集高頻數據，使其成為需要即時資訊的金融市場的合適解決方案。

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 執行長Martijn Rozemuller 表示，隨著由區塊鏈技術支持的智慧合約以其多樣化的應用在金融領域獲得突出地位，預言機在現實世界中支持這些應用程式的作用變得越來越明顯。

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.

投資者現在可以成為網路的一部分，該網路有潛力成為 Pyth ETN 的 DeFi 應用基礎設施的關鍵部分。

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 追蹤 MarketVector Pyth 網路 VWAP 收盤指數的表現，該指數與用於處理網路內交易的 PYTH 代幣的價格掛鉤。

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，該 ETN 是完全抵押的，這意味著基礎資產被獲取並儲存在「冷儲存」中，這種做法可確保高水準的安全性。

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

為了託管其 ETN 中的加密貨幣，VanEck 與列支敦士登的受監管託管機構 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.

在受監管的交易所上市，投資者可以像其他受監管的金融資產一樣買賣這種新產品。

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 目前的總費用比率 (TER) 為 1.5%，但重要的是要意識到與加密貨幣投資相關的極端波動的固有風險。

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 的推出是加密貨幣融入傳統市場的重要一步，反映了歐洲對創新金融解決方案日益增長的接受度和需求。

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

這一發展標誌著數位資產投資的新時代，使投資者能夠獲得更先進、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.

隨著人們對加密貨幣的興趣持續上升，像 Pyth Network 這樣的網路在全球金融生態系統中的作用變得越來越重要。