ChainCatcher News: According to official news, asset management company VanEck has announced the launch of a new PYTH ETN product, allowing investors to trade its assets directly through VanEck.

This product will be listed on the Amsterdam Euronext and Paris Euronext exchanges, enabling investors to participate in the performance of the Pyth Network's token PYTH without needing to directly purchase or store cryptocurrency.

The PYTH ETN will be open for trading in 15 European countries, including Austria, Switzerland, Germany, Denmark, Spain, Finland, France, Italy, Liechtenstein, Luxembourg, the Netherlands, Norway, Poland, Portugal, and Sweden.

It is reported that VanEck has previously launched BTC ETN and ETH ETN products.