VanEck is stepping up its crypto game. The asset manager just rolled out a brand-new ETF — and it’s fully focused on the onchain economy.
A fresh ETF for the digital future
Called the Onchain Economy ETF (NODE), the fund was listed on the Cboe exchange on May 14. It’s actively managed and offers exposure to companies across the blockchain ecosystem.
That means miners, exchanges, infrastructure firms, and crypto fintechs are all fair game. Even companies planning to enter the space — as long as they’ve made their intentions public — are being considered.
NODE won’t hold crypto directly, but it can invest in crypto-related financial instruments.
Dynamic exposure, without the crypto chaos
Matthew Sigel, VanEck’s digital asset chief and the fund’s manager, said NODE will keep its exposure flexible:
“We’ll adjust beta and volatility to avoid overloading on risky assets during frothy markets.”
Translation: They’re trying to play it smart. Buy low. Don’t get wrecked.
Beta, for the uninitiated, measures how much an investment swings compared to the market.
Another ETF in VanEck’s crypto stack
NODE isn’t VanEck’s first rodeo. In April, it launched DAPP, a passively managed ETF that tracks digital asset companies. DAPP already has $185 million under management.
VanEck isn’t alone either — dozens of fund managers are piling into crypto ETFs. Over 70 applications are sitting with U.S. regulators right now.
Politics, ETFs, and BNB?
Why now? Trump’s administration is rumored to be easing up on crypto restrictions — a big deal for ETF approvals. Just this month, VanEck filed to launch an ETF backed by BNB Chain’s native token.
So while crypto prices bounce around, ETF activity is heating up.
And NODE might just be VanEck’s boldest bet yet on a blockchain-powered economy.