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VanEck Onchain Economy ETF Receives SEC Nod, Eyes May 14 Debut
VanEck Onchain Economy ETF Receives SEC Nod, Eyes May 14 Debut
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Asset manager VanEck has received approval from the U.S. Securities and Exchange Commission to list an exchange-traded fund tracking blockchain infrastructure builders and related assets. The fund, called the Onchain Economy ETF, has a tentative debut of May 14 and will aim to hold between 30 and 60 assets linked to the blockchain economy, including exchanges, miners, and data centers, as well as consumer-oriented companies. The investment vehicle boasts the ticker $NODE. ’The global economy is shifting to a digital foundation,’ said VanEck Head of Digital Assets Research Matthew Sigel. ’NODE offers active equity exposure to the real businesses building that future.’
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