VanEck Launches New ETF Focusing on Blockchain Companies

VanEck has unveiled a new exchange-traded fund (ETF) called the Onchain Economy ETF (NODE), which targets publicly traded companies involved in blockchain and crypto infrastructure. Listed on the Cboe exchange, NODE’s actively managed portfolio will encompass firms across various sectors of the digital asset space, including mining operations, trading platforms, fintech companies exploring blockchain technologies, and those with explicit plans to join the industry through investor disclosures or public statements. `, `,While the fund will avoid direct cryptocurrency holdings, it may allocate to financial instruments tied to crypto markets, according to Matthew Sigel, who leads VanEck’s digital asset research and manages NODE. The strategy aims to balance risk management by dynamically adjusting exposure to market conditions.