VLNA ETN LUNA Device Price Tracking Certificate

VanEck Terra ETN (WAVE ETN) It is a security that is traded on the stock exchange with complete safety and is invested in Luna. The bond seeks to duplicate the value and yield of the MVIS® CryptoCompare Terra VWAP closing index.

Direct exposure to the tokens they are based on Terasmart contract platform

Backed by 100% LUNA and cold storage in an organized crypto warehouse with crypto insurance (up to a limited amount)

It can be traded as an index ETF on regulated exchanges

Product information

short name Wave
guardian Frick Bank & Co. AG
Residence Liechtenstein
UCITS Compliant no
UCITS qualified yes
index pointer MVLUNAV
index provider MV Index Solutions GmbH
release day March 24, 2022

Product objectives

The product aims to make it possible to invest in LUNA digital assets through security.

The product is protected by a LUNA wallet that is held by the principal in safe custody and, in exceptional cases, by LUNA-based derivatives. The maturity date of the product is December 31, 2029. The issuer may extend the maturity date until December 31, 2068.

On the maturity date, the investors will receive an amount corresponding to the appraised value of the product.

The value of the product will be determined as follows: On the release date, the value of the product will be $10.00. On each valuation date thereafter, the value of the product is calculated as the value at the immediately preceding valuation date, adjusted for the percentage change in the value of the LUNA portfolio acting as collateral and relative costs (the “ratio”) and costs.

The price of LUNA used in this calculation is calculated by MV Index Solutions GmbH, a subsidiary of the issuer, based on prices from the major digital asset exchanges. Prices from different exchanges are weighted according to the liquidity available on the current exchange. The issuer calculates the price of the product every business day at 16.00 CET. The price is calculated using the average volume-based LUNA price between kilolitres. 15.00 and 16.00 CET.

Investors will be able to buy and sell the product on the exchange. To support the liquidity of the product, the issuer has authorized an exchange broker to obtain and redeem one or more baskets of 50,000 bonds to and from the issuer each business day


VanEck Terra ETN (WAVE ETN) It is a cryptocurrency traded on the European Stock Exchange. This certificate fund is traded on Deutsche Boerse Xetra.

This means that it is possible to trade shares in ETN through most Swedish banks and online brokers, for example DejeroAnd nordnet And keep it up.

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