Prepare the crust by mixing graham cracker crumbs and melted butter together.
Press the mixture into the bottom of a springform pan and refrigerate.
In a large bowl, beat the softened cream cheese until smooth.
Add in the Nutella, powdered sugar, and vanilla extract, mixing until well combined.
In a separate bowl, whip the heavy cream until stiff peaks form.
Fold the whipped cream into the Nutella mixture gently.
Pour the filling into the cooled crust and smooth the top.
Cover with plastic wrap and refrigerate for at least 4 hours or overnight.