VanEck Rolls Out a ETF Focused on Blockchain Ecosystem
VanEck has launched an actively managed exchange-traded fund (ETF) focusing on stocks and financial instruments related to the digital economy. Announced on May 14, the VanEck Onchain Economy ETF (NODE) is now listed on the Cboe exchange.
This fund aims to provide investors with broad access to companies within the blockchain ecosystem, including crypto miners, exchanges, infrastructure providers, and cryptocurrency-focused financial technology platforms.
The NODE ETF will consider investments in companies that have clearly communicated their plans to engage with blockchain technology, as shown through public filings, earnings calls, or investor materials.
Although actively managed, the fund will not directly hold cryptocurrencies but may invest in crypto-related financial instruments. Matthew Sigel, VanEck’s head of digital asset research and the portfolio manager for NODE, stressed the importance of continuously updating the fund’s investable universe as new companies emerge through IPOs, spinouts, or strategic shifts.
