VanEck recently launched a new actively managed exchange-traded fund (ETF) called the VanEck Onchain Economy ETF (NODE) on the Cboe exchange. This ETF is designed to provide investors with broad exposure to companies operating in the blockchain ecosystem, including crypto miners, exchanges, infrastructure providers, and crypto-oriented financial technology platforms. The fund will also consider companies with clear plans to engage in the digital economy space, as evidenced by public filings or earnings calls. The NODE ETF, which is actively managed, may also invest in crypto-related financial instruments but will not hold any cryptocurrencies directly. VanEck’s head of digital asset research, Matthew Sigel, emphasized the importance of continuously updating the fund’s investable universe to include new companies entering the space. The fund aims to maintain responsible exposure to bitcoin and businesses driving the growth of the onchain economy by adjusting beta and volatility. In related news, VanEck previously launched the VanEck Digital Transformation ETF (DAPP) in April, which invests in a passive index of companies in the digital asset space. The DAPP ETF currently has $185 million in net assets. VanEck and other asset managers are seeking approval from the US Securities and Exchange Commission (SEC) to list over 70 crypto ETFs following a shift in regulatory posture towards crypto under the Biden administration. VanEck has also requested SEC approval to list an ETF holding BNB Chain’s native token. The surge in ETF filings reflects growing interest and investor demand for exposure to the digital asset space.