According to TechFlow, on November 5, asset management company VanEck announced the launch of a new PYTH ETN product, through which investors can directly trade their assets. The product will be listed on Euronext Amsterdam and Euronext Paris, allowing investors to participate in the performance of Pyth Network's token PYTH without having to directly purchase or store cryptocurrencies.
PYTH ETN will be available 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.