Physically backed by AAVE– a prominent digital asset. Aave is a decentralised finance platform that allows users to lend and borrow various digital assets without the need for intermediaries.
AVMX trades on regulated stock exchanges.
AVMX has a corresponding AAVE entitlement held in a segregated digital wallet with a reputable and experienced digital asset custodian.
Potential Risks
An investment in AVMX involves a degree of risk. Any decision to invest should be based on the information contained in the base prospectus.
The value of AVMX may go up or down and a holder may lose some or all of the amount invested.
The price of Aave may fluctuate greatly and may be affected by factors including investor sentiment and other political, financial or economic events.
At any time, the price at which AVMX trades on an exchange may not accurately reflect the price of Aave.
ETF Summary
The Global X Aave ETP (AVMX) is a physically backed exchange-traded product that
seeks to provide cost-efficient access in tracking the value of AAVE – a
prominent digital asset. Aave is a decentralised finance platform that allows
users to lend and borrow various digital assets without the need for
intermediaries.