Two VanEck crypto ETNs to list on Dutch and French stock exchanges on June 1

While the Securities and Exchange Commission (SEC) deliberates the potential approval of VanEck’s bitcoin and ether exchange-traded funds (ETFs), the company is moving forward with two exchange-traded products (ETPs) abroad. 

On June 1, VanEck will list its Vectors Bitcoin exchange-traded note (ETN) and Vectors Ethereum ETN on the Dutch and French portions of Euronext, the company said in a release


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“Bitcoin and Ethereum have firmly established themselves on the market as the two largest cryptocurrencies," said Martijn Rozemuller, CEO at VanEck Europe, in a press statement. “Due to their low correlations to other asset classes, they provide an interesting opportunity to diversify one’s investment portfolio.”

The product expansion comes months after the launch of an exchange-traded note (ETN) on Germany’s Deutsche Boerse Xetra back in November.

The company has been attempting to become the first U.S. firm to go live with an SEC-approved bitcoin ETF since 2019. In April, the SEC punted a decision on its current bitcoin ETF effort until later this year.

About Author

MK Manoylov has been a reporter for The Block since 2020 — joining just before bitcoin surpassed $20,000 for the first time. Since then, MK has written nearly 1,000 articles for the publication, covering any and all crypto news but with a penchant toward NFT, metaverse, web3 gaming, funding, crime, hack and crypto ecosystem stories. MK holds a graduate degree from New York University's Science, Health and Environmental Reporting Program (SHERP) and has also covered health topics for WebMD and Insider. You can follow MK on X @MManoylov and on LinkedIn.