This Fund seeks to offer a stable value of $1 per token and pays daily accrued dividends directly to investors' wallets as new tokens each day. The Fund primarily invests its total assets in cash, U.S. Treasury bills, and repurchase agreements, allowing investors to earn yield while holding the token on the blockchain.
The Fund pursues its investment objective by investing only in cash, U.S. Treasury obligations, which include securities issued or guaranteed by the U.S. Treasury where the payment of principal and interest is backed by the full faith and credit of the U.S. government (“U.S. Treasury Obligations”), and repurchase agreements collateralized by U.S. Treasury Obligations and cash. The Fund will invest in securities with maturities of (or deemed maturities of) 397 days or less and will maintain a dollar-weighted average portfolio maturity of 60 days or less and a dollar-weighted average portfolio life of 120 days or less.
The Fund may also invest in one or more other pooled investment vehicles managed by third-party investment managers or the Investment Manager or an affiliate thereof that invest in the same types of securities in which the Fund may invest directly (“Underlying Funds”). Underlying Funds may include investment companies registered under the U.S. Investment Company Act of 1940, as amended (the “Investment Company Act”).
The Fund may also invest in or otherwise hold one or more stablecoins and similar yield-bearing digital asset instruments, including in connection with investors that subscribe for Shares (as defined below) in-kind with stablecoins and such instruments instead of U.S. dollars, including subscriptions executed through Atomic Swaps (as defined below), and in connection with processing redemption transactions.
For the purposes of satisfying the Fund’s investment strategy of investing only in cash, U.S. Treasury Obligations and repurchase agreements collateralized by U.S. Treasury Obligations and cash, investments in Underlying Funds, stablecoins and similar yieldbearing digital asset instruments will be considered as if they are invested in cash and such securities.
For the purposes of this Memorandum, the Fund’s investments are collectively referred to as “Investments”. While the Fund intends to invest in the manner described above, the Fund will also remain opportunistic and may pursue other investment opportunities.
There can be no assurance that the Fund will achieve its investment objective; you could lose money by investing in the Fund. Although the Fund seeks to preserve the value of your investment at $1.00 per Share, it cannot guarantee it will do so. An investment in the Fund is not a bank account or a deposit of a bank and is not insured or guaranteed by the U.S. Federal Deposit Insurance Corporation or any other government agency. You should not expect that the Investment Manager or its affiliates will provide financial support to the Fund at any time, including during periods of market stress.
What is the highest value VanEck Treasury Fund (VBILL) has ever reached?
VanEck Treasury Fund (VBILL) reached its peak price at 1 $ on 29 May 2025, approximately 3 months ago ago. Presently, the current price is equal to this historic high.
What is the historical minimum price for VanEck Treasury Fund (VBILL)?
The minimum price reached for VanEck Treasury Fund (VBILL) was 1 $, documented on 29 May 2025, more than 3 months ago. In comparison, the current price is , it equal this historical low.
What is the fully diluted valuation of VanEck Treasury Fund (VBILL)?
The fully diluted valuation (FDV) of VanEck Treasury Fund (VBILL) stands at $ 51,60 MLN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of VBILL tokens. The realization of this FDV might take several years depending on the emission schedule of VBILL tokens.
How to add VanEck Treasury Fund (VBILL) to MetaMask?
By integrating VanEck Treasury Fund (VBILL) into MetaMask, you gain access to features like monitoring your token balances and trading on decentralized exchanges. To do this, you'll need to import VBILL as a token. You can either manually import VBILL by copying its contract address (0x14d72634328c4d03bba184a48081df65f1911279) or use MetaMask's Chrome extension to add VBILL with a single click through P.CASH.
How to add VanEck Treasury Fund (VBILL) to TrustWallet?
Incorporating VanEck Treasury Fund (VBILL) into your TrustWallet setup enables you to monitor your token holdings and engage in decentralized exchange transactions, among other functions. To include VBILL, you can either manually import it using the contract address (0x14d72634328c4d03bba184a48081df65f1911279) or conveniently add it to Trust Wallet with just one click via P.CASH if you've installed Trust Wallet's Chrome extension.
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