VanEck submits on-chain economy ETF application to the U.S. SEC

2025-01-16 08:24:03

Collection

ChainCatcher news, asset management company VanEck submitted an application for the "Onchain Economy" exchange-traded fund (ETF) to the U.S. Securities and Exchange Commission on January 15. According to the documents, the fund will invest in cryptocurrency companies across the entire industry, including software developers, mining companies, cryptocurrency exchanges, infrastructure builders, payment companies, and other businesses in the cryptocurrency space.

The asset manager defines these companies as "digital transformation companies" and wrote: "The selection of digital transformation companies is based on fundamental analysis, market trends, the company's strategic positioning within the digital asset ecosystem, and valuation." The fund will also invest in digital asset tools such as commodity futures contracts, but will not invest directly in digital assets by holding cryptocurrencies.

(Source Link)

Related tags

VanEck SEC on-chain economy ETF

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.

ETF Key Events

Summarize key events such as applications, approvals, and listings of crypto ETFs like BTC, ETH, and SOL.

Column