Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
VanEck files prospectus for 'Onchain Economy' ETF

VanEck files prospectus for 'Onchain Economy' ETF

The BlockThe Block2025/01/14 16:00
By:The Block

Quick Take The fund would prioritize investments in digital asset-focused companies such as exchanges, crypto payment platforms and mining firms, among others.

VanEck files prospectus for 'Onchain Economy' ETF image 0

The investment manager VanEck submitted Wednesday a filing for a new exchange-traded fund called the Onchain Economy ETF.

Though the fund does not itself invest in digital assets or commodities, it invests "at least 80% of its net assets in digital transformation companies and/or digital asset instruments," according to the prospectus filing  with the U.S. Securities and Exchange Commission. In other words, the fund will prioritize investments in digital asset-focused companies such as exchanges, crypto payment platforms and mining firms, in addition to virtual asset-focused investment vehicles like commodity futures contracts.

VanEck's proposed Onchain Economy ETF comes after the firm shut down and liquidated its ether futures ETF called the Ethereum Strategy ETF ( EFUT ) in September 2o24. Rather than invest in ethereum directly, EFUT invested in ethereum futures. The fund's closure came after the SEC approved spot ether ETFs in May.

On Tuesday, VanEck's spot Ethereum fund ETHV brought in $1.64 million and the firm's spot Bitcoin ETF HODL amassed $15.87 million in volume, The Block's Data Dashboard shows.


0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Midterm elections expose market vulnerability! AI trading faces rigorous scrutiny, U.S. stock earnings expectations may undergo major adjustments

The results of the US midterm elections and the subsequent market crash have exposed the vulnerability caused by the market’s excessive concentration of bets on artificial intelligence (AI). Investors may need to readjust their expectations for investment returns.

智通财经•2026/11/09 10:59
Midterm elections expose market vulnerability! AI trading faces rigorous scrutiny, U.S. stock earnings expectations may undergo major adjustments

SpaceX unlock wave meets index rebalancing! Goldman Sachs estimates: December rebalancing may bring $10.9 billion in passive buying

The proportion of SpaceX's freely tradable shares has increased from about 5% at the time of its IPO to one-third, and the expansion of index weightings is driving passive funds to increase their holdings. According to Goldman Sachs, the rebalancing of the Russell 1000 Growth Index on December 11 may trigger $10.9 billion in buy orders, with the main counterparts being insiders whose shares are unlocked. The S&P 500 inclusion window points to the second half of 2027, when the competition among passive funds will further intensify.

华尔街见闻•2026/11/09 10:46

Citigroup Q3 Holdings: Nvidia (NVDA.US) Remains Top Heavy Position, Expanded Both Index and Tech Stock Options

According to the disclosure by the U.S. Securities and Exchange Commission (SEC), Citigroup (C.US) submitted its third quarter holdings report (13F) as of September 30, 2026, on November 4, 2026.

智通财经•2026/11/09 09:18
Citigroup Q3 Holdings: Nvidia (NVDA.US) Remains Top Heavy Position, Expanded Both Index and Tech Stock Options

Carlyle still favors the healthcare sector in Q3, with Medline (MDLN.US) and StandardAero (SARO.US) accounting for over 98% of holdings

Carlyle (CG.US) has submitted its third-quarter holdings report (13F) for the period ending September 30, 2026.

智通财经•2026/11/09 09:17
Carlyle still favors the healthcare sector in Q3, with Medline (MDLN.US) and StandardAero (SARO.US) accounting for over 98% of holdings