VanEck Launches Onchain Economy ETF NODE

VanEck is set to launch its Onchain Economy ETF, NODE, on May 14, offering investors access to blockchain-driven companies.

NODE highlights VanEck’s strategic move into digital assets, impacting investor access to blockchain industries with crypto ETP involvement.

VanEck’s Onchain Economy ETF aims to provide exposure to blockchain companies by selecting 30 to 60 stocks from a pool exceeding 130 firms. The ETF permits a 25% allocation to cryptocurrency ETPs, managed by Matthew Sigel.

“The global economy is shifting to a digital foundation. NODE offers active equity exposure to the real businesses building that future.” — Matthew Sigel, Head of Digital Assets Research, VanEck

Actively managed, the NODE ETF targets indirect exposure to cryptocurrencies via involved firms. Notable include equities such as crypto exchanges, mining companies, and blockchain infrastructure.

Immediate market effects target institutional interest, potentially affecting related equities without directly trading crypto assets. VanEck utilizes a Cayman Islands subsidiary to maintain US tax compliance for crypto ETP investments.

As regulatory effectiveness holds, SEC approval supports its public offer, creating a precedent in blockchain-focused equity ETFs. Initial responses highlight anticipated shifts in financial markets, illustrating broader acceptance of onchain economies.

VanEck’s NODE represents a notable entry in blockchain investment, likely shaping financial engagement with blockchain companies. History suggests limited impact on token prices, yet highlights growing institutional interest in active blockchain investment.