On May 14, VanEck is planning to launch a fresh exchange-traded fund, denoted by the symbol NODE, thereby increasing its selection of financial instruments linked to cryptocurrencies.
According to a recent blog post by Matthew Sigel, VanEck’s head of digital assets, it was announced that their planned ETF, NODE, has received approval from the U.S. Securities and Exchange Commission. The firm intends to debut this ETF on May 14, providing investors with equity exposure to companies playing significant roles in the development of the digital asset and blockchain economy.
🚨Now Available: VanEck Onchain Economy ETF ($NODE)
This actively managed ETF aims to invest in 30-60 companies from a universe of over 130 stocks that are connected to the digital asset economy. The investment portfolio includes:
* Exchanges, miners, and data centers
* Energy infrastructure, semiconductors/hardware, traditional finance (TradFi) networks
* Consumer goods, gaming companies, and asset managers…— matthew sigel, recovering CFA (@matthew_sigel) April 16, 2025
Known as the Onchain Economy ETF, NODE serves as a conduit for investors to tap into the expanding world of digital assets without having to own cryptocurrency directly. By investing in this fund, you’ll gain diverse exposure to businesses that are constructing blockchain infrastructure publicly.
Approximately one-third to two-thirds of the over 130 publicly traded companies that focus on various aspects of the cryptocurrency infrastructure will be selected for an actively managed ETF. These businesses span a wide range of sectors related to the crypto world, including asset management firms, data center operators, digital exchanges, Bitcoin mining organizations, and manufacturers of hardware essential for cryptocurrency operations.
The investment fund could put as much as a quarter of its assets into exchange-traded products that are linked to cryptocurrencies. However, it’s important to note that the ETF itself does not buy cryptocurrencies; instead, it invests in these digital assets indirectly. The management fee for this ETF is 0.69%.
Rather than focusing on a broad range of investments, it primarily aims at businesses categorized as “Digital Transformation Companies” in SEC filings – these are entities that generate income from blockchain, cryptocurrency, or distributed ledger technology. It additionally encompasses foreign securities, stocks with mid-market capitalization, and financial instruments linked to commodities.
In order to boost its visibility, NODE plans to invest using a Cayman Islands-based affiliate that allows for indirect participation in commodity futures, swaps, and similar instruments while abiding by U.S. tax laws. This fund will not include stablecoins as an investment option and will limit the subsidiary investments to a maximum of 25% of its total assets each quarter.
As an analyst, I’m excited to share that VanEck, a leading player in the industry, is looking to expand its portfolio of cryptocurrency Exchange Traded Funds (ETFs). They have recently filed applications for new ETFs, including ones focused on Avalanche (AVAX) and Binance Coin (BNB). Notably, their existing spot Bitcoin (BTC) ETF, HODL, is managing over $1.2 billion in assets.
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2025-04-17 09:23