Crypto Stock Tracking ETF Coming Soon From VanEck

Crypto Stock Tracking ETF Coming Soon From VanEck

VanEck is bringing an actively-managed exchange-traded fund (ETF) tracking digital asset stocks to the market after receiving approval from the U.S. Securities and Exchange Commission (SEC).

The VanEck Onchain Economy ETF (NODE) will aim to hold 30-60 stocks, VanEck’s head of digital asset research Matthew Sigel, said in a post on X.The management fee will be 0.69%.

Stocks included will range among crypto exchanges, miners, data center, energy infrastructure, semiconductors, hardware, TradFi rails, consumer/gaming, asset managers and “balance sheet HOLDers.” Up to 25% of NODE’s exposure will be in crypto exchange-traded-products (ETPs).

“The global economy is shifting to a digital foundation,” Sigel said. „NODE offers active equity exposure to the real businesses building that future.”

The fund is expected to start trading on May 14th and will use an offshore subsidiary in the Cayman Islands to be able to get indirect exposure to products like commodity futures, swaps, an

Czytaj więcej

We współpracy z: https://www.coindesk.com/markets/2025/04/17/crypto-stock-tracking-etf-coming-from-vaneck

Total
0
Shares
Dodaj komentarz

Podobne Wpisy