VanEck Launches ‘Onchain Economy’ ETF Targeting Crypto Infrastructure
- VanEck filed for a new ETF focusing on digital asset infrastructure on January 15.
- The fund aims to allocate at least 80% of its assets to “Digital Transformation Companies.”
- Investments will include crypto exchanges, payment gateways, and mining operations.
- The fund excludes stablecoins and plans to manage certain investments through a Cayman Islands subsidiary.
- Exposure to digital asset investments is capped at 25% of total assets each quarter.
The Onchain Economy ETF by VanEck seeks significant investment in companies supporting digital asset infrastructure, excluding direct cryptocurrency exposure and stablecoins. The fund’s management will use a Cayman Islands subsidiary for specific investments, with exposure limits set each quarter.