VanEck Launches Onchain Economy ETF Targeting Digital Asset Companies

VanEck’s new ETF, the Onchain Economy ETF (NODE), is live and provides investors with exposure to companies shaping the digital asset and blockchain ecosystem. Developed to cater to the increasing demand for cryptocurrency-related equities, the ETF offers an actively managed portfolio under Matthew Sigel. 25% of the fund’s assets are allocated to crypto exchange-traded products, demonstrating VanEck’s significant commitment to the growing digital asset market. The ETF targets a broad range of sectors within the broader digital economy, including cryptocurrency exchanges, mining operations, and semiconductor firms, offering diversification to investors seeking exposure to this dynamic sector. 30 to 60 stocks are included in the fund’s portfolio spanning various sectors, reflecting VanEck’s belief in the potential for innovation within the digital realm. It utilizes an offshore subsidiary to navigate regulatory constraints, showcasing innovative compliance strategies.