VanEck Launches New Crypto Stock ETF Called NODE
VanEck is launching a new ETF that will focus on companies working in the crypto space. It’s called the VanEck Onchain Economy ETF, and it will start trading on May 14, 2025, after getting approval from the U.S. Securities and Exchange Commission (SEC).
This new ETF, with the ticker symbol NODE, won’t invest in cryptocurrencies like Bitcoin or Ethereum directly. Instead, it will invest in 30 to 60 companies that are involved in the digital asset world.
That includes crypto exchanges, mining companies, data centers, energy providers, chip makers, gaming companies, and others who are building tools for the future of digital finance.
VanEck’s Matthew Sigel, who’s in charge of digital asset research, said on X, “The global economy…