The SEC has cleared VanEck’s latest fund, designated NODE, for trading under the ticker symbol NODE, with an expected launch in mid-May. Instead of directly investing in cryptocurrencies, NODE will target public companies involved in blockchain infrastructure—ranging from mining firms and exchanges to gaming platforms, data centers, and fintech businesses. It may also allocate up to 25% of its assets to other crypto ETFs. Matthew Sigel, head of digital asset research at VanEck, will manage the portfolio. This move reflects a broader shift within asset management towards infrastructure investments rather than tokens themselves. As regulations ease, traditional finance is increasingly eager to engage with blockchain’s growth story through more established investment vehicles.