VanEck is launching a new actively managed ETF Onchain Economy ($NODE) targeting companies that drive the digital economy.
Overview of the New Onchain Economy ETF
$NODE, launching on May 14, focuses on companies driving the digital asset ecosystem. Unlike passive trackers, this fund provides targeted access to the digital economy, including data centers, chip manufacturers, exchanges, and energy companies.
Active Management Strategy of ($NODE)
$NODE will invest in 30–60 companies drawn from a larger universe of over 130 stocks tied to blockchain and digital asset growth. Key focus areas include:
* Exchanges and miners at the core of crypto markets. * Semiconductor and hardware firms building the backbone for computing power. * Energy and data infrastructure enabling scale and efficiency. * Traditional finance enablers integrating blockchain rails. * Consumer, gaming, and asset managers leveraging Web3 tools. * Public companies with crypto on their balance sheets.
Up to 25% of the fund can also be allocated to crypto-linked ETPs (Exchange Traded Products), allowing for nimble positioning as market sentiment shifts.
Market Trends in Digital Assets
Active management is crucial in adapting to the rapidly changing landscape of crypto and digital infrastructure. The VanEck team will monitor market trends and reallocate as needed. The ETF will carry an expense ratio of 0.69%, typical for active funds with this level of focus. Recent market signals indicate a rise in Bitcoin ETF flows, demonstrating strong institutional commitment to digital assets.
With the launch of the Onchain Economy ETF, VanEck aims to channel investments into key segments of the digital economy, providing investors with diverse opportunities in a fast-evolving market.