Actively Managed Exposure to the Growing Digital Assets Economy

VanEck is announcing the launch of the VanEck Onchain Economy ETF (CBOE: NODE), an actively managed fund that provides exposure to companies at the forefront of digital asset adoption.

NODE offers diversified exposure to a wide range of companies powering the onchain economy. At launch, holdings include crypto-native companies like miners, exchanges and holding companies; energy and infrastructure providers; fintech and blockchain-integrated e-commerce platforms; and datacenter and compute infrastructure. The portfolio is adjusted dynamically as market conditions evolve, based on each company’s sensitivity to bitcoin.

The investment team manages overall exposure to maintain a lower volatility profile than many pure-play crypto strategies. This approach is designed to help investors stay allocated through market cycles, while preserving the flexibility to add exposure when valuations reset and dislocations create more attractive opportunities. NODE’s mandate also allows for investment in bitcoin and other crypto-linked exchange-traded products (ETPs) to supplement direct company exposures.

NODE holdings include companies already active in the onchain economy, whether by holding or mining bitcoin, providing infrastructure or energy to miners, or enabling digital asset adoption through fintech or traditional finance platforms. The investment team will also consider any company that has clearly communicated plans to engage in this space, as evidenced through public filings, earnings calls or investor materials.

“The portfolio will not be static. As new companies enter the universe through IPOs, spinouts or strategy shifts, we will continuously update our investable universe. We will also adjust beta and volatility to maintain responsible exposure to bitcoin and to businesses driving the growth of the onchain economy, avoiding over-allocation to high-beta names during frothy markets and preserving buying power for future opportunities. The goal is to offer a risk profile investors can stick with, alongside the liquidity and transparency of an ETF,” said Matthew Sigel, VanEck’s Head of Digital Assets Research and Portfolio Manager for NODE. “By taking a broader view of the onchain economy, NODE can deliver both diversification and liquidity. Categorizing assets by their bitcoin sensitivity lets us fine-tune the portfolio across market cycles, with a goal of ramping up volatility when risk is rewarded and dialing it back when caution is key.”