Valour has expanded its range of crypto ETPs with the launch of an internet computer ETN.
The 1Valour Internet Computer Physical Staking (1VIC) is listed on the Deutsche Boerse with a total expense ratio (TER) of 1.90%.
Investors can also access the ETN through platforms such as JustTrade, Onvista and Comdirect.
1VIC will allow investors to participate in the performance of internet computer cryptocurrency while also benefitting from the potential yield income from staking.
Staking is the process of depositing crypto assets on the blockchain to validate transactions, generating a premium that is returned to investors.
Internet computer is a blockchain network that provides a decentralised alternative to the current centralised internet cloud providers.
Valour did not state how much investors can expect to receive from staking proceeds.
Other launches from the Swiss-based issuer came last August, when it unveiled an ethereum staking ETP. It also launched a carbon-neutral bitcoin ETP.
Valour currently offers Europe’s cheapest bitcoin ETP – the Valour Bitcoin Zero SEK (BTC0E) – which has a management fee of 0%.
