Cointelegraph reports that Circle (CRCL), the issuer of USDC, now holds the largest weighting in VanEck's Digital Asset Companies Index (MVDAPP) at 13%. This is a slight increase from 11% last Friday, highlighting Circle's growing significance in the cryptocurrency sector. The MVDAPP index, created by a VanEck subsidiary, tracks the performance of major publicly traded crypto companies. Investors seeking indirect exposure can invest in VanEck's Digital Transformation ETF, which mirrors the index's composition. VanEck's Head of Digital Assets, Matthew Sigel, emphasized the fund's significant CRCL holdings. This development underscores the increasing institutional interest in companies directly involved in the digital asset ecosystem. The dominance of Circle within the MVDAPP reflects its prominent role in stablecoin infrastructure and broader crypto adoption. ```

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