VanEck’s Files New ‘Onchain Economy’ ETF to Target Crypto Infrastructure, Not Coins

Asset management firm VanEck filed for a new exchange-traded fund (ETF) on Wednesday, targeting companies building infrastructure for digital assets.

Notably, the fund’s structure avoids direct crypto exposure, as is usual from other ETFs, but maintains exposure to the digital asset markets it compiles.

The Onchain Economy ETF seeks to allocate at least 80% of its assets to “Digital Transformation Companies” and digital asset instruments, according to a January 15 SEC filing reviewed by Decrypt.

These companies include crypto exchanges, payment gateways, mining operations, and firms providing infrastructure services.

It also seeks to invest in firms providing the core technology, infrastructure, and data center capacities that support…

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