Van Eck is launching the $NODE ETF on May 14, focusing on companies driving the digital asset ecosystem. Unlike passive trackers, $NODE offers actively managed exposure to the digital economy with its targeted approach.
The ETF will invest in 30-60 companies selected from a pool of over 130 stocks, all linked to blockchain and digital asset growth. This includes:
* **Digital markets:** Exchanges and miners form the heart of crypto markets
* **Infrastructure:** Semiconductor and hardware firms build computing power.
* **Scalability:** Energy and data infrastructure enable widespread adoption.
* **Finance integration:** Traditional finance companies integrate blockchain rails
* **Web3 innovation:** Consumer, gaming, and asset managers use Web3 tools
$NODE will also include up to 25% allocated to crypto-linked ETPs (Exchange Traded Products). This provides flexibility for investors as market sentiment shifts.
VanEck’s active management strategy is crucial in the dynamic space of digital assets. Unlike passive index funds, $NODE allows its experienced fund manager to adapt and rebalance as needed based on market trends. The ETF has a 0.69% expense ratio, typical for actively managed funds with a focused approach.
This move comes after growing investment into crypto and digital infrastructure, including Bitcoin ETFs, and the success of companies like Nvidia, driven by their involvement in both AI and cryptocurrency hardware. Venture funding in blockchain infrastructure also surged to $2.5 billion in Q1 2024, highlighting institutional confidence in the space.
**Disclaimer:** This information is for educational and informational purposes only. It should not be considered as financial advice. Any investments are at your own risk.