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VanEck Debuts ETF Targeting Blockchain-Powered Firms

  • 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.

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