VanEck Polkadot ETN A

So investiert der VanEck Polkadot ETN A: The Product intends to allow investors to invest into the digital asset DOT through a security. The Product is secured by a portfolio of DOT held in safe custody by the custodian and, in exceptional cases, by DOT based derivatives. The maturity date of the Product is 31 December 2029. The issuer may extend the maturity date until 31 December 2068. On the due date, investors will receive an amount equal to the calculated value of the Product. The value of the Product will be determined as follows: On the issue date the value of the Product will be USD10. On any valuation date thereafter the value of the Product is calculated as the value on the immediately preceding valuation date, adjusted by the percentage change in the value of the DOT portfolio serving as security and the pro rata costs and expenses.