Key Takeaways:
- VanEck launched the actively managed Onchain Economy ETF (NODE), offering exposure to firms integral to the blockchain ecosystem.
- NODE will include crypto miners, exchanges, fintechs, and firms planning entry into crypto, without directly holding cryptocurrencies.
- The ETF strategy includes dynamic beta management to balance volatility and avoid excessive exposure during market surges.
VanEck has launched the Onchain Economy ETF (NODE), an actively managed fund offering exposure to companies driving the blockchain ecosystem.
Listed on the Cboe exchange on May 14, NODE targets crypto miners, digital asset exchanges, infrastructure providers, and fintech platforms with a crypto focus.
NOW TRADING: VanEck Onchain Economy ETF (NODE)https://t.co/Sva4xlzH2j pic.twitter.com/6VlGdMAcgw
— VanEck (@vaneck_us) May 14, 2025
It may also invest in companies planning to enter the blockchain space, as identified through public filings or earnings calls.
While NODE won’t hold cryptocurrencies directly, it may include crypto-related financial instruments.
VanEck’s Matthew Sigel, who manages the fund, emphasized a strategy of adjusting beta and volatility to avoid excessive exposure to risky assets during market surges, while keeping capital available for long-term opportunities.
The fund follows VanEck’s April launch of the Digital Transformation ETF (DAPP), which passively tracks crypto firms and currently holds $185 million in net assets.
VanEck is also awaiting SEC approval for multiple crypto-related ETF filings, reflecting a more crypto-friendly regulatory environment under President Trump’s administration.
Notably, VanEck recently filed to list an ETF containing BNB Chain’s native token, further expanding its crypto investment offerings.