🚀 VanEck has launched a new ETN in Europe, tracking the Pyth Network's PYTH token. Trading on Euronext Amsterdam and Paris, it's available in 15 countries, including Germany and France.

- The Pyth Network is a decentralized oracle protocol, bridging smart contracts with real-world data.

- PYTH, its governance token, boasts a market cap of $3.4 billion.

- VanEck's ETN is backed by physical PYTH tokens, held by Bank Frick.

VanEck continues to expand its crypto offerings, with products covering Solana and Chainlink, and ETFs in the U.S. Keep an eye on those smart contracts!