VanEck received regulatory effectiveness for its new Onchain Economy ETF, an actively managed fund designed to give investors broad exposure to companies powering the digital asset ecosystem.
Regulatory effectiveness means the SEC has approved the fund’s registration, allowing it to begin offering shares to the public.
Matthew Sigel, VanEck’s head of digital assets research and NODE’s active portfolio manager, shared the development in an April 16 post.
According to the filing, the firm intends to launch the ETF on May 14 under the ticker NODE.
NODE
The actively managed fund will seek exposure to equities tied to the crypto industry and may allocate up to 25% of its assets to crypto-linked exchange-traded products (ETP).
Sigel said that NODE will select 30 to 60 names from over 130 companies operating in the on-chain and digital infrastructure sectors.
These include publicly listed exchanges, miners, data center operators, payment firms, hardware manufacturers, asset managers, a
We współpracy z: https://cryptoslate.com/vanecks-onchain-economy-etf-node-cleared-for-may-14-launch/
