VanEck Files for SEC Approval for Onchain Economy ETF

• VanEck files for ETF focused on digital transformation companies.
• Investment prioritizes financial instruments linked to digital assets.
• Strategy seeks to connect traditional markets and the crypto universe.

Global investment manager VanEck has submitted a new proposal to the U.S. Securities and Exchange Commission (SEC) to launch an “Onchain Economy ETF,” a fund designed to invest broadly in companies and instruments Related to the digital asset ecosystem and digital transformation. The fund, which will be identified by the ticker NODE, emerges as a response to the growing interest of institutional and individual investors in exploring opportunities in the cryptocurrency market in a structured and regulated manner.

According to the prospectus filed on Jan. 15, the Onchain Economy ETF aims to allocate at least 80% of its net assets to companies classified as “digital transformation companies” and financial instruments tied to digital assets, such as commodity futures and other exchange-traded vehicles. These companies include cryptocurrency exchanges, blockchain technology developers, mining operators and providers of essential infrastructure, such as data centers and energy services.

By avoiding direct ownership of digital assets such as Bitcoin or Ethereum, the fund seeks to offer a safer and less volatile approach for investors seeking exposure to the crypto market. This strategy allows the ETF to take advantage of the sector’s growth potential while mitigating the risks associated with the high volatility that has historically marked cryptocurrency prices.

NODE’s unique feature lies in the careful selection of digital transformation companies, which is made based on fundamental analyses, market trends and the strategic positioning of companies within the digital asset ecosystem. The goal is to create a diversified and robust portfolio capable of keeping up with the expansion of the global digital economy.

VanEck’s ETF proposal reflects a growing movement in the financial market, where several asset managers have stepped up their efforts to launch products focused on the cryptocurrency sector. Companies such as Bitwise, Grayscale and WisdomTree have also filed proposals with the SEC for ETFs covering different aspects of the crypto market, including funds dedicated to diversified indexes and specific assets such as Solana and XRP.

With NODE, VanEck seeks to consolidate its position as a pioneer in the development of financial products that connect traditional markets to the crypto universe. The proposal still needs to be analyzed by the SEC, but it is already attracting attention as a potential milestone in the advancement of regulation and access to the sector.