VanEck Set to Launch New ETF Focused on Crypto Stocks
April 17, 2025
By Mallika Mitra – Edited by David Tony
In a significant step into the world of digital assets, fund manager VanEck has received approval from the Securities and Exchange Commission (SEC) to launch a new exchange-traded fund (ETF) that will focus on crypto-related stocks. The Onchain Economy ETF, designated by the ticker symbol NODE, is set to make its debut on May 14, 2025. ### Investment Strategy and Structure
The NODE ETF aims to achieve long-term capital appreciation by directing at least 80% of its net assets into what VanEck describes as "Digital Transformation Companies and/or Digital Asset Instruments." This category includes firms that operate cryptocurrency exchanges, engage in crypto mining, and are involved in other businesses linked to the digital asset economy. According to the SEC filing, the ETF is expected to hold a diversified portfolio, comprising between 30 to 60 individual stocks from a pool of more than 130 options related to the crypto sector.
Matthew Sigel, the head of digital assets research at VanEck, elaborated on the fund’s diversified approach. "The composition will feature a range of sectors including exchanges, miners, data centers, energy infrastructure, semiconductors, and even asset management firms," he highlighted in a post on social media platform X. Notably, the ETF will allocate up to 25% of its capital to crypto exchange-traded products.
The NODE ETF’s management fee has been set at 0.69%, making it a competitive option for investors looking to enter or expand their holdings in the digital asset market.
VanEck’s Expanding Crypto Portfolio
This new ETF is part of VanEck’s broader commitment to advancing investment options in digital assets. The firm’s recent endeavors in the crypto domain include investments through VanEck Ventures, particularly a notable investment in Manifest, a platform aimed at integrating American real estate into decentralized finance (DeFi) structures. This reflects a strategic initiative launched last year to promote innovation in cryptocurrency, fintech, and artificial intelligence (AI).
VanEck’s existing offerings in the cryptocurrency space already include the VanEck Bitcoin ETF (HODL), which provides investors direct exposure to Bitcoin, and the VanEck Ethereum ETF (ETHV), focusing on Ethereum. Additionally, the VanEck Digital Transformation ETF (DAPP) tracks a market-cap-weighted index of companies involved across the expansive realm of digital assets.
Industry Commentary
In his remarks, Sigel emphasized the transformative nature of the digital economy, stating, "The global economy is shifting to a digital foundation. NODE offers active equity exposure to the real businesses building that future." This perspective captures the growing sentiment within the investment community regarding the potential of digital assets to reshape traditional market landscapes.
As the launch date approaches, interest in the NODE ETF is expected to grow, reflecting the increasing popularity of cryptocurrency investments and the evolving strategies of prominent fund managers in response to this dynamic sector.
For further updates on the launch and performance of the NODE ETF, investors can follow VanEck’s announcements and relevant market analyses.
Mallika Mitra is an experienced business and financial journalist. Her work has been featured in several prestigious financial publications, including Barron’s and CNBC.
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