EVAL

AVAXetc – ETC Group Physical Avalanche

The Avalanche ETC delivers physical exposure to Avalanche's AVAX cryptocurrency with the safety and liquidity of an exchange traded product

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As of 04/10/2022

Objectives

AVAXetc – ETC Group Physical Avalanche (Ticker: EVAL) is an exchange traded cryptocurrency (ETC) that tracks the price of Avalanche's AVAX governance token. Avalanche aims to be a global umbrella platform on which any type of asset can be traded and controlled in a decentralised manner, whether currencies, dApps, NFTs, commodities or real estate. 

Each Avalanche ETC is 100% physically backed by AVAX and trades on European exchanges, providing investors with a safer and liquid way to gain exposure to AVAX. Each unit of EVAL gives the holder a claim on a predefined amount of AVAX.  

EVAL is issued by ETC Group and marketed and distributed by HANetf. 

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Why invest?

An easy way to invest in Avalanche:

Investing in EVAL is as simple as buying shares through your broker or bank. Unlike investing directly in AVAX, there is no need to engage with the technical challenges of setting up a cryptocurrency wallet to store AVAX* as your units of EVAL are safely held with your broker or bank.   *Investors only need a cryptocurrency wallet if they want to redeem for AVAX.


Invest in Avalanche on a regulated exchange:

EVAL's primary listing is SIX. Investors can trade with confidence knowing that all market participants are strictly vetted and carefully monitored to prevent market abuse unlike cryptocurrency exchanges, many of which are unregulated. The issuer has partnered with world-class liquidity providers to ensure ample on exchange liquidity and tight spreads.


Safe Custody:

The issuer stores the AVAX backing the securities with BitGo Trust Company, a secure, regulated custodian, purpose built for holding digital assets.  Strict KYC and AML standards ensure that the provenance of all cryptocurrency in custody has been vetted.

Key Risks

Investors' capital is at risk and investors may not get back the amount originally invested and should obtain independent advice before making a decision.

This is a marketing communication. Any decision to invest should be based on the information contained in the relevant prospectus.

ETC securities are structured as debt securities, not as equity.

ETCs trade on exchanges like securities. They are bought/sold at market prices which may be different to the net asset value of the ETC.

Cryptocurrencies can be highly volatile and your capital is at risk.

For professional investors only.

As of 04/10/2022

Listings & Codes

Exchange Ticker RIC SEDOL ISIN Valoren WKN CCY Listing Date
Xetra EVAM GY EVAM.DE BPCQLP2 DE000A3GWNN9 - A3GWNN USD 06/04/2022
Xetra EVAL GY EVALG.DE BPCQLG3 DE000A3GWNN9 - A3GWNN EUR 06/04/2022
SIX AVALCHF SE AVALCHF.S BN4PVD1 DE000A3GWNN9 116602578 - CHF 24/03/2022

Registrations

Fund Overview
TickerEVAL
Asset ClassDigital Assets
Base CurrencyUSD
Inception Date22/03/2022
TER195 bps
Net Asset ValuesAs of 04/10/2022
Price Per EVAL* (USD)$3.43
Crypto Entitlement (AVAX Per ETC)0.197384380
AVAX Price Per Coin (USD)$17.40
Total Holdings (Number of AVAX)2268.735
Value of AVAX Holding** (USD)$39,171.84
Shares Outstanding11,405
Issuer AUM$378,745,868
Entry Exit Fees***None

* NAV
** AUM
*** Your broker will charge commissions to purchase ETC like shares

Structure
Replication MethodPhysically Allocated AVAX
Legal FormDebt Security
Financial End Year31 December
DomicileGermany
Legal StructureETC
Legal And Tax Information
UCITS EligiblePlease contact HANetf
UCITS CompliantNo
ISA EligibleYes
SIPP EligibleYes
UK Fund Reporting StatusSeeking
Key Service Providers
CustodianBitGO Trust Company (regulated)
TrusteeAPEX Corporate Trustees (UK) Limited
IssuerETC Issuance GmbH
RegistrarClearstream Banking AG


EVAL Performance 1M 3M 6M YTD 12M Since Inception

Monthly Reports

Monthly ReportsSeptember 2022

Digital Assets Monthly Report | September
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Monthly ReportsAugust 2022

Digital Assets Monthly Report | August
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Press Releases

PressAugust 2022

HANetf taps into growing Spanish ETF demand, registering 19 ETFs
Read More

PressMarch 2022

ETC Group expands digital asset investment opportunities in Europe with the addition of three new Crypto ETCs on SIX
Read More

Videos

VideosJanuary 2022

Video | ETC Group on crypto's 'scary ride' with the commodity 'behaving a lot like a risk asset'

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Related Content

Listings & Codes

Exchange Ticker RIC SEDOL ISIN Valoren WKN CCY Listing Date
Xetra EVAM GY EVAM.DE BPCQLP2 DE000A3GWNN9 - A3GWNN USD 06/04/2022
Xetra EVAL GY EVALG.DE BPCQLG3 DE000A3GWNN9 - A3GWNN EUR 06/04/2022
SIX AVALCHF SE AVALCHF.S BN4PVD1 DE000A3GWNN9 116602578 - CHF 24/03/2022

How to Buy EVAL

HANetf funds are available to buy through self-directed platforms and brokers, and intermediary platforms across Europe listed in the link below. If you would like more information on how to trade with APs/market makers, please contact our Capital Markets Team at [email protected]

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About ETC Group

ETC Group brings together financial services professionals with experience spanning both the worlds of digital assets and regulated markets with a single goal: to make investing in crypto-currencies easy, transparent and safe. The team at ETC has taken every care to deliver products with integrity that address the very real concerns that many investors have in trading unregulated assets. United within ETC Group is one of the world’s largest electronic market makers, two London-based FCA- regulated brokers and a team of experienced financial services professionals all bringing network and know-how to the venture.

www.etc-group.com

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