VanEck’s Onchain Economy ETF Approved by SEC, Launch Set for May 14
- VanEck received approval from the U.S. Securities and Exchange Commission for its Onchain Economy ETF.
- The ETF is scheduled to debut on May 14 with the ticker $NODE.
- The fund will include between 30 and 60 blockchain-related assets.
- Up to 25% of the fund may consist of digital asset exchange-traded products.
- “Digital Transformation Companies” and digital asset instruments could make up at least 80% of holdings.
The Onchain Economy ETF by VanEck, approved by the SEC, aims to launch on May 14. It will feature a diverse portfolio including exchanges, miners, data centers, and consumer-oriented companies linked to blockchain technology.
Source (2.6)https://decrypt.co/315287/vaneck-onchain-economy-etf-receives-sec-nod-may-14-launch?rand=52368