Reported 2 days ago
VanEck has received approval from the SEC to launch the Onchain Economy ETF (NODE), which aims to invest a significant portion of its assets in companies associated with the digital asset economy, including exchanges and crypto mining. Set to launch on May 14, the actively managed fund will hold 30 to 60 stocks from a selection of over 130 and will include up to 25% in crypto exchange-traded products. This move follows VanEck's earlier investments in the crypto sector, emphasizing the ongoing shift towards a digital global economy.
Source: YAHOO