VanEck has launched the VanEck Onchain Economy ETF, an actively managed exchange-traded fund that gives investors access to companies building the future of digital assets. The fund was listed on the Cboe exchange today and will be managed by Matthew Sigel, VanEck’s Head of Digital Assets Research
NODE is designed to offer a flexible and broad investment into the fast-growing blockchain and crypto economy. It includes companies that are directly involved in mining and holding crypto, running exchanges, providing energy and infrastructure, or enabling blockchain-based financial services.
“By taking a broader view of the onchain economy, NODE can deliver both diversification and liquidity… ramping up volatility when risk is rewarded,” said Sigel in the press release . The fund may also invest in exchange-traded products linked to crypto, but it will not hold cryptocurrencies like Bitcoin directly.
VanEck says the fund will constantly adjust its portfolio based on how companies react to Bitcoin price moves. This strategy aims to give investors more control over risk. Sigel explained, “We will also adjust beta and volatility to maintain responsible exposure to Bitcoin and to businesses driving the growth of the onchain economy.”
Companies don’t need to be fully crypto-native to qualify for the fund. NODE can invest in any company that has clearly shared plans to move into digital assets—through public filings, earnings calls, or investor updates. This includes new IPOs, spinouts, or even companies shifting their business strategy. The fund is built to stay flexible as the digital asset world evolves.
At launch, NODE’s portfolio includes a mix of traditional tech firms and newer blockchain players. These companies power everything from data centers and cloud computing to payment platforms that integrate blockchain. The goal is to offer a smoother ride for investors who want exposure to crypto trends, without the full rollercoaster of pure-play crypto funds.
VanEck also manages the Digital Transformation ETF (DAPP), which passively tracks companies in the crypto space. As of May 14, DAPP had $185 million in net assets. Also, it’s worth noting that this launch comes as asset managers rush to list crypto ETFs, following a shift in U.S. regulatory tone. In April, VanEck also asked the SEC for approval to launch a BNB Chain-linked ETF.
