VanEck Unveils NODE ETF

VanEck has introduced the VanEck Onchain Economy ETF, an actively managed exchange-traded fund providing investors access to companies shaping the digital asset future.

Listed on the Cboe exchange, the fund is overseen by Matthew Sigel, VanEck’s Head of Digital Assets Research.

NODE is designed to offer a flexible and comprehensive investment in the rapidly growing blockchain and crypto economy, including companies engaged in crypto mining, exchanges, energy provision, infrastructure, and blockchain-based financial services.

“By taking a broader view of the onchain economy, NODE can offer diversification and liquidity, increasing volatility when risk is rewarded,” stated Sigel in the press release. The fund may invest in crypto-linked exchange-traded products but will not directly hold cryptocurrencies like Bitcoin.