Crypto Stock-Focused ETF Set to Arrive from VanEck

VanEck’s Onchain Economy ETF (NODE) to Launch on May 14th with 0.69% Management Fee

VanEck is set to introduce the VanEck Onchain Economy ETF (NODE), an actively-managed fund that will track the performance of digital asset stocks. The ETF, which has received approval from the U.S. Securities and Exchange Commission (SEC), is expected to begin trading on May 14th, with a management fee of 0.69%.

The NODE ETF will target a portfolio of 30-60 stocks from various sectors, including cryptocurrency exchanges, mining operations, data centers, energy infrastructure, semiconductors, hardware, traditional financial institutions, gaming, and asset managers. Additionally, up to 25% of the fund’s assets will be allocated to crypto exchange-traded products (ETPs).

Matthew Sigel, VanEck’s head of digital asset research, explained, “As the global economy transitions to a digital-first foundation, NODE provides investors with active exposure to the companies driving this change.”

The ETF will be structured through an offshore subsidiary in the Cayman Islands, allowing it to comply with U.S. federal tax regulations and gain indirect exposure to products like commodity futures, swaps, and pooled investment vehicles.

With more crypto-related companies entering public markets, investor demand for crypto equity exposure is increasing. A recent survey of financial advisors at an ETF conference revealed strong interest in crypto equity ETFs, highlighting their growing popularity among investors.