VanEck has just unveiled a new actively managed exchange-traded fund (ETF) focused on investing in securities and financial instruments linked to the digital economy, announced on May 14.
The VanEck Onchain Economy ETF (NODE), now listed on the Cboe exchange, aims to offer investors broad exposure to companies in the blockchain ecosystem, such as cryptocurrency miners, exchanges, infrastructure providers and cryptocurrency-focused financial technology platforms.
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The NODE ETF will also consider companies that have publicly expressed plans to participate in this sector, as evidenced by their public statements, earnings calls or investor materials.
In addition, the fund, being actively managed, may invest in financial instruments related to cryptocurrencies, but will not hold cryptocurrencies directly.