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VanEck Introduces Solana Oracle Pyth ETN: Will Prices Keep Up?
- VanEck has launched a Pyth Exchange Traded Note (ETN) on Euronext Amsterdam and Paris.
- The ETN allows investors to gain crypto exposure by tracking the PYTH token without holding it.
- Pyth Network is a decentralised oracle ensuring data accuracy for smart contracts.
- The ETN is fully collateralised with secure storage, trades on regulated exchanges, and has a 1.5% expense ratio.
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