VANECK’S ONCHAIN ECONOMY ETF ($NODE) SET TO LAUNCH ON MAY 14, OFFERING EXPOSURE TO BLOCKCHAIN-DRIVEN COMPANIES.
The actively managed fund will invest in 30–60 companies across the digital asset ecosystem, including crypto exchanges, miners, data centers, and hardware firms.
It may also allocate up to 25% of its assets to crypto-linked exchange-traded products (ETPs) via a Cayman Islands subsidiary, providing indirect exposure to digital assets while adhering to U.S. tax regulations.
Source: @cointelegraph