Five-in-one: the new Vontobel Crypto Portfolio

Five-in-one: the new Vontobel Crypto Portfolio

23 January 2020

Vontobel was the first issuer to launch a participation certificate on Bitcoin in 2017. But the landscape in the crypto world has also changed over time and many new names have been added. We are therefore pleased to be able to introduce a new product that enables you to participate in the performance of five crypto currencies in a diversified manner.

Probably the most famous of the crypto currencies is making a comeback. Since the beginning of the year, Bitcoin has gained by around 20%. That's a remarkable figure when you consider that the year is still very young. But the rise in the share price is not the only reason why Bitcoin has increasingly come back into focus. Because the next and thus third "halving" is due in May of this year; the reward that miners receive for maintaining the network will therefore be lower. Historically, the Bitcoin price has risen sharply after each of the halvings. However, it is far from certain that this will happen again this year. Past performance gives no indication of future developments. However, interesting opportunities could arise for investors.

Participation Certificates in crypto-currencies offer investors uncomplicated access to a relatively young asset class. While Vontobel, as a pioneer in this field, has been mapping Bitcoin in a certificate since 2017, the range has been expanded over time to include other crypto currencies. This was made possible by the emergence of new currencies, which have also increased their market share - and therefore their liquidity. As can be seen in the chart below, a few years ago Bitcoin was still the sole stag with a market share of over 90%. Today, its share is only 65%, with ether (8.5%) and ripple (4.8%) in second and third place.


If you as an investor expect a rising performance of the largest crypto currencies, but do not want to invest in a specific one, we now offer a participation certificate on a crypto portfolio. At initial fixing, the portfolio consists of Bitcoin, Bitcoin Cash, Ether, Ripple and Litecoin at 20% each. There is no fixed term. The product is traded in euros and is tradable both on and off the stock exchange. The investor bears the issuer risk, the currency risk and the risk of the underlying.

Do you want to learn more about cryptocurrencies? Then visit our crypto world! Here you can get an overview of our products and download the "Crypto Research Reports" of our partner Incrementum free of charge.

Legal notice

This information is in the sole responsibility of the guest author and does not necessarily represent the opinion of Bank Vontobel Europe AG or any other company of the Vontobel Group. The further development of the index or a company as well as its share price depends on a large number of company-, group- and sector-specific as well as economic factors. When forming his investment decision, each investor must take into account the risk of price losses. Please note that investing in these products will not generate ongoing income.

The products are not capitalprotected, in the worst case a total loss of the invested capital is possible. In the event of insolvency of the issuer and the guarantor, the investor bears the risk of a total loss of his investment. In any case, investors should note that past performance and / or analysts' opinions are no adequate indicator of future performance. The performance of the underlyings depends on a variety of economic, entrepreneurial and political factors that should be taken into account in the formation of a market expectation.

09/12/2022 16:51:52


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