SEC Approves VanEck’s Onchain Economy ETF for Crypto Sector
- The SEC has approved VanEck’s new crypto-related ETF, the “Onchain Economy ETF.”
- Managed by Matthew Sigel, the ETF will hold 30-60 stocks related to the crypto sector.
- Investments include miners, exchanges, data centers, and other crypto-adjacent firms.
- Up to 25% of the portfolio may be allocated to crypto asset ETFs.
- The ETF will use the ticker NODE and is expected to launch by May 14th.
The SEC’s approval of VanEck’s Onchain Economy ETF marks a significant step in integrating traditional finance with digital assets. The fund aims to provide exposure to companies contributing to the digital economy shift.
Source (2.6)https://dailyhodl.com/2025/04/18/sec-greenlights-new-vaneck-onchain-economy-etf-that-holds-stocks-tied-to-the-digital-asset-sector/?rand=59076
