VanEck's NODE Will Track a Broad Range of Digital Asset Stocks
VanEck to Launch Crypto Stock Tracking ETF Soon
The VanEck Onchain Economy ETF (NODE) is expected to begin trading on May 14 with a management fee of 0.69%.
Author: Helen Brown | Edited by: Stephen Alpher Updated: April 17, 2025, 5:28 PM Published: April 17, 2025, 2:48 PM
Key facts:
- VanEck has received approval from the SEC to launch the Onchain Economy ETF (NODE), which will actively manage 30-60 stocks related to the digital asset sector.
- NODE's portfolio may include crypto exchanges, mining companies, data centers, semiconductors, and up to 25% in crypto exchanges.
- The fund is scheduled to begin trading on May 14 and will use a Cayman Islands subsidiary to indirectly invest in derivatives.
VanEck is bringing to market an actively managed exchange-traded fund (ETF) that tracks digital asset stocks after receiving approval from the U.S. Securities and Exchange Commission (SEC).
Matthew Siegel, head of digital asset research at VanEck, said in a post on X that the VanEck Onchain Economy ETF (NODE) will focus on holding 30-60 stocks. The management fee will be 0.69%.
The portfolio will include crypto exchanges, miners, data centers, energy infrastructure, semiconductors, hardware, as well as assets in the TradFi space, consumer services/gaming, asset managers, and balance sheet holders. Up to 25% of NODE's exposure will be crypto exchange-traded products (ETPs).
“The global economy is shifting to a digital model,” Siegel said. “NODE offers active equity participation in real companies that are creating that future.”
The fund is expected to begin trading on May 14 and will use an offshore subsidiary in the Cayman Islands to be able to indirectly invest in instruments such as commodity futures, swaps and collective investment vehicles while complying with U.S. federal tax rules.
As more cryptocurrency stocks hit the market, with several companies planning to go public this year, investors are looking to gain exposure to cryptocurrency stocks. A survey of financial advisors at an ETF conference in March found that cryptocurrency stock ETFs are at the forefront of investment advisors’ interests.
