VanEck Rebrands Gaming ETF to Target Degen Economy and Digital Assets
VanEck has overhauled its Gaming ETF, renaming it the 'VanEck Degen Economy ETF' to capitalize on the explosive growth of digital assets, online gaming, and gambling sectors. The fund will now track the MarketVector Degen Economy Index, a strategic pivot reflecting institutional recognition of decentralized finance trends.
The reconstituted portfolio targets companies operating at the intersection of blockchain technology and interactive entertainment. This MOVE signals growing Wall Street appetite for exposure to crypto-native markets, particularly those driven by retail participation and Web3 adoption.