TL;DR
- VanEck launched an ETN linked to Celestia, allowing investment in the TIA token without directly managing digital assets.
- TIA uses a modular model that separates consensus and data, making it easier to create customized blockchains.
- The product, domiciled in Liechtenstein, has a NAV of $8.28 and manages $27.75 million in assets with a 1.50% expense ratio.
VanEck has introduced a new financial product tied to Celestia, a blockchain designed to improve scalability and data availability. The ETN provides institutional and retail investors with exposure to the TIA token without requiring direct management of digital assets.
Celestia proposes a modular model that separates the consensus and data availability layers, enabling the creation of custom blockchains without relying on congested networks. This approach has attracted developers seeking greater efficiency and flexibility. TIA, the network’s native token, serves as the payment method for all transactions and services within the ecosystem.
What You Need to Know About VanEck’s New ETN
The product began trading on March 27, 2025, and is domiciled in Liechtenstein under the management of VanEck ETP AG. It has a net asset value (NAV) of $8.28 and total managed assets of $27.75 million. Its physical replication structure ensures that its performance directly reflects the underlying asset. While it is not UCITS-compliant, it meets eligibility requirements, expanding its accessibility to a broader range of investors. Its total expense ratio is 1.50%, which remains competitive in the market.
This ETN offers an alternative for those looking to invest in Celestia without dealing with the technical complexities of the crypto market and blockchain technology. VanEck has a track record of identifying trends and opportunities in emerging markets, from gold investments in the 1960s to ETFs in the 2000s. The addition of TIA to its portfolio follows the same diversification strategy.
Celestia’s (TIA) Success Will Depend on Developers
Mustafa Al-Bassam, co-founder of Celestia and chairman of the Celestia Foundation, described this launch as an opening for new ways to participate in the network. According to VanEck, the growth of the TIA token will depend on TIA’s adoption by developers seeking scalable solutions for their applications.
Despite the interest generated by this approach, VanEck has warned about market risks and this type of product. The volatility of digital assets remains a critical factor, and regulatory uncertainty in various countries could impact their value.
