According to The Block on the 16th (local time), VanEck will launch an ETF called "NODE" that will invest in the cryptocurrency industry in general on May 14th.
The ETF will be comprised of 30 to 60 stocks closely related to digital assets.
・Matthew Sigel announced on the 16th through X that "NODE is a platform for the real companies that make up the digital asset economy, such as cryptocurrency exchanges, bitcoin miners, and data centers.
"The global economy is rapidly shifting to a digital platform, and NODE is an ETF that actively invests in real companies that will shape this future," he said.
The ETF launch is part of VanEck's strategy to expand its cryptocurrency-related investment products. The firm first applied for NODE in January last year.
The company has submitted applications and has already launched a Bitcoin spot ETF (HODL) and an Ethereum spot ETF.
NODE is not a company that invests directly in cryptocurrency-related stocks, but rather has extensive exposure to the industry as a whole.
VanEck said, "The fund will invest at least 80% of its total net assets in digital transformation companies and digital asset investment products.
"Digital asset products include commodity futures, options, swaps, and cryptocurrency-related ETFs.
2025/04/18 10:10 KST
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