VanEck Seeks SEC Approval for Onchain Economy ETF
- VanEck manages over $118 billion in assets.
- The proposed ETF will trade under the ticker NODE.
- At least 80% of the fund’s net assets will target digital transformation companies and digital asset instruments.
- The ETF will not directly invest in digital assets like Bitcoin.
- Exposure is primarily through commodity futures and exchange-traded linked vehicles.
VanEck has filed for SEC approval to launch the Onchain Economy ETF, which aims to allocate a significant portion of its assets to companies involved in digital transformation and related instruments. The fund, trading as NODE, will focus on indirect exposure rather than direct investment in cryptocurrencies.
