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VanEck launches Celestia ETN for investors seeking TIA token exposure
VanEck has launched the VanEck Celestia ETN on Euronext Amsterdam and Paris, allowing investors to gain exposure to the TIA token, the native cryptocurrency of the Celestia network. This ETN, which replicates the MarketVector Celestia VWAP Close index, is fully collateralized and offers a regulated trading option, with a total expense ratio of 1.5 percent. As demand for TIA grows due to its utility in the Celestia ecosystem, the ETN represents a significant step towards broader institutional access to this innovative blockchain technology.
VanEck launches Celestia ETN to enhance access to TIA token investment
VanEck has launched the VanEck Celestia ETN on Euronext Amsterdam and Paris, allowing investors to engage with the TIA token, the native cryptocurrency of the Celestia network. This ETN, which tracks the MarketVector Celestia VWAP Close index, offers a regulated investment vehicle amid the growing demand for Celestia's services. However, investors should be aware of the significant volatility and risks associated with digital assets.
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