*Index-Only-Coin, which is not available individually on Bitpanda
It can be difficult to keep track of the evolving crypto market. Investing in the Bitpanda Crypto Index is a zero-maintenance, long-term way to build a diversified cryptocurrency portfolio. In addition to being super convenient, our Indices maintain your investment by auto-adjusting to changes in the market, thanks to our partner MVIS.
We rebalance your Index on a monthly basis, so you never need to pick individual "winners" or worry about missing out on the next big thing.
Set up a savings plan with your Index and automate regular deposits to ensure your portfolio keeps growing.
The monthly rebalancing event for each Index makes you eligible to receive BEST Rewards. Please note that you also need to hold BEST and actively claim BEST Rewards.
There are many reasons:
Convenience. Since each of our Indices mirror the performance of the market and rebalance automatically, you always hold the most relevant cryptocurrencies and don't have to follow the markets closely. We do all the heavy lifting.
Diversification. More eggs, more baskets. Diversifying your investments means your exposure to market volatility decreases.
Trust. All Indices are calculated and reviewed by MVIS, a VanEck company.
Costs. Premiums only apply to changes in your portfolio. There are zero performance-related fees or fees for assets under management.
Yes. The composition of the three Bitpanda Crypto Indices are regulated by MVIS, a subsidiary of investment management firm VanEck. MVIS develops, monitors and markets these indices independently.
Depending on which index you select, the Bitpanda Crypto Index invests in the top 5, top 10 or top 25 cryptocurrencies based on their market capitalisation and liquidity, as defined by MVIS, at the moment of investment. Download the prospectus for more information, or scroll up for an overview of the Indices and the currencies they currently hold.
No. It is not possible to buy or sell individual cryptocurrencies within your Index. You can, however, swap or sell your Crypto Index investment completely or in portions.
Bitpanda trading premiums of 1.99% apply to every buy, sell or swap transaction within your Crypto Index. When your Crypto Index rebalances every month, a trading premium of 1.99% applies to the rebalanced amount, not to your entire portfolio. There are zero maintenance or custody fees.
At first glance, the Bitpanda Crypto Index might seem similar to a traditional stock market ETF. But it is not an ETF. Unlike an ETF, you purchase the underlying assets directly when investing in a Crypto Index. Our Indices are not considered funds or separate assets (Sondervermögen), and are not traded on any exchanges.
Once a month, your Crypto Index will be adjusted according to changes in the crypto market as well as data calculated and provided by MVIS, the Index division of VanEck. During this process, the weights of the various cryptocurrencies are reviewed and reshuffled. To reflect these changes in the market, we perform automatic buys and sells to optimise your portfolio and maintain your investment.
Generally, rebalancing will happen on the last trading day of the month.
Yes, BEST works perfectly with the Bitpanda Index. You can use BEST to pay for trading premiums when you buy, sell or swap any of the three Crypto Index products. The trading premiums for the monthly automatic rebalancing can also be paid with BEST. You simply need to activate the BEST fee collection feature in your Bitpanda account settings.
The underlying indices (MVDA5, MVDA10, MVDA25) are exclusive property of MV Index Solutions GmbH and have been licensed for use by Bitpanda (“Licensee”). MVIS has contracted with CryptoCompare Data Limited to maintain and calculate the Indices irrespective of its obligations towards MV Index Solutions GmbH, CryptoCompare Data Limited has no obligation to point out errors in the above mentioned Indices to third parties. Offerings by Bitpanda (Licensee) are not sponsored, endorsed, sold, or promoted by MVIS, Van Eck Associates Corporation as its parent company or its affiliates (collectively, “VanEck”), and MVIS and VanEck make no representation regarding the advisability of investing in Bitpanda or Bitpanda’s business (Licensee and/or in Licensee’s business offerings). MVIS, VanEck AND ITS AFFILIATES MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO Bitpanda (LICENSEE).