VanEck Launches ‘NODE’ ETF: New Investment Vehicle for Digital Economy Companies

VanEck has received approval from the SEC to launch its new NODE Onchain Economy ETF, slated for a May 14th release date. This actively managed fund will offer investors exposure to publicly traded companies within the burgeoning digital asset economy. Focusing on 30-60 firms representing various sectors including mining, exchanges, and semiconductors, the ETF’s strategy involves allocating up to 25% in crypto-linked ETPs. This move aims to broaden access to equity investments impacting the digital transformation landscape.