VanEck has launched the Onchain Economy ETF listed as NODE on the Cboe exchange, focusing on blockchain and crypto-related companies.
NODE is an actively managed fund targeting various sectors of the digital asset space, including mining operations, trading platforms, and fintech companies exploring blockchain products.
The ETF excludes direct cryptocurrency holdings but may invest in financial instruments linked to crypto markets, with a dynamic risk-adjustment strategy led by Matthew Sigel.
This launch addresses the increasing investor interest in blockchain innovation through diversified avenues, without direct exposure to cryptocurrencies.