SEC Approves VanEck's 'On-chain Economy ETF', Investing in Stocks Connected to the Digital Asset Marketplace
Smashin' It Through the Crypto World: VanEck's New NODE ETF
(Dip your toes in the crypto waters with VanEck's fresh take on digital asset investments!)
In a massive leap forward for crypto enthusiasts, the U.S. Securities and Exchange Commission (SEC) has given the go-ahead to VanEck's exciting new Exchange-Traded Fund (ETF) - the "Onchain Economy ETF" (NODE). Set to launch on May 14th, the NODE ETF is all about embracing the digital future.
Matthew Sigel, the head honcho of VanEck's digital assets research, is set to lead this endeavor. When asked about the new ETF, Sigel calls it, "a bold step into the heart of the global economy's digital shift."
So, what's so great about the NODE ETF? Well, for starters, it's an actively managed fund, brimming with 30-60 stocks tied to the crypto and digital asset sector. But that's not all! This diverse portfolio will include companies encompassing cryptocurrency exchanges, mining operations, data centers, energy infrastructure providers, semiconductor giants, traditional finance players, consumer industries, gaming firms, and asset managers.
And don't forget about those crypto exchange-traded products (ETPs) - NODE is planning to allocate up to 25% of its resources to 'em.
But, don't just take Sigel's word for it - he says, "With the NODE ETF, you're investing in a truly holistic digital future."
The launch of the NODE ETF follows the SEC's approval of the first spot-market Bitcoin ETFs back in January 2024, which brought in billions of dollars worth of investments. And, let's not forget about the Ethereum ETFs the regulator greenlit for trading in July of the same year!
If you need even more proof, look no further than the collaboration between financial heavyweights Franklin Templeton and Hashdex. They recently launched joint Bitcoin-Ethereum ETFs in 2025. Hot stuff, huh?
VanEck, known for its Ether and Bitcoin ETFs, has also filed for Solana and Avalanche exchange-traded funds, but we'll have to wait and see if those get the green light.
Stay tuned, crypto heads - the digital future is here, and the NODE ETF is a prime example!
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Enrichment Data:
- The VanEck "Onchain Economy ETF" (NODE) is an actively managed exchange-traded fund focused on companies in the crypto and digital asset sector. With a management fee of 0.69%, the fund aims to offer a diverse range of investments in digital transformation companies and crypto exchange-traded products (ETPs).
- The launch of the NODE ETF reflects growing investor interest in crypto equity ETFs, as indicated by recent surveys.
- VanEck has received approval from the SEC for the NODE ETF, following its earlier approvals for Bitcoin and Ethereum ETFs in 2024 and collaborations between financial firms such as Franklin Templeton and Hashdex for joint BTC-ETH ETFs in 2025.
- The VanEck "Onchain Economy ETF" (NODE) brings a fresh take on digital asset investments, offering a diverse portfolio encompassing various sectors like cryptocurrency exchanges, mining operations, data centers, energy infrastructure providers, semiconductor giants, traditional finance players, consumer industries, gaming firms, and asset managers.
- With up to 25% of its resources allocated to crypto exchange-traded products (ETPs), the NODE ETF is poised to offer exposure to the transformation happening in the cryptocurrency and blockchain technology landscape.
- By including altcoins like Ethereum along with Bitcoin, the NODE ETF mirrors the multifaceted growth in the crypto market and provides investors with an opportunity to diversify their portfolios beyond primary cryptocurrencies.
- As technology advances and governments worldwide adapt to digital assets, a bearish market outlook or otherwise, the NODE ETF makes a compelling investment option for those interested in finance and the ongoing digital revolution.
- It is essential for potential investors to carefully review the disclaimer provided by The Daily Hodl and conduct their own research, as investing in cryptocurrencies comes with inherent risks and volatility.
