VanEck is rolling out a new investment vehicle aimed at capturing equity exposure to companies operating within the digital asset ecosystem.
The SEC has approved the asset manager’s latest fund, which will trade under the ticker NODE and is expected to launch by mid-May.
Instead of investing directly in cryptocurrencies, NODE will focus on a broad selection of public companies tied to blockchain infrastructure—ranging from crypto miners and exchanges to gaming platforms, data centers, and fintech firms. It may also allocate up to 25% of its assets to other crypto ETFs.
Matthew Sigel, who leads digital asset research at VanEck, will oversee the portfolio. The firm says NODE is designed to give investors access to real-world businesses building the backbone of the evolving digital economy.
This move comes on the heels of the SEC’s growing openness to crypto-related ETFs, following landmark approvals for spot Bitcoin and Ethereum funds in 2024. VanEck already manages BTC and ETH ETFs and is awaiting approval on applications for Solana and Avalanche-based products.
NODE’s launch reflects a broader trend among asset managers who are shifting their focus toward the infrastructure that supports the crypto market rather than the tokens themselves. As regulatory clarity improves, traditional finance appears increasingly eager to participate in blockchain’s growth story through more conventional investment vehicles.
Source: https://coindoo.com/vaneck-bets-on-crypto-infrastructure-with-new-equity-based-etf/