The asset manager said on 14 May that Venak has launched a new actively managed exchange-traded fund (ETF) designed to invest in shares and financial instruments.
The Vaneck Onchain Economy ETF (Node) is listed on the CBOE Exchange and aims to provide investors with extensive risk for companies working in the blockchain ecosystem, including the Crypto Mineic, Exchange, Infrastructure Providers and Crypto-Hincourse Financial Financial Platforms, Vaisaines. Said In a press release.
The node ETF “will also consider any company that has clearly conveyed plans to engage in this place, as it has been clarified through public filing, earnings call or investor material,” said Venak.
Additionally, the fund, which will be actively managed, can also invest in crypto-related financial instruments, but according to the press release, will not hold any cryptocurrency directly.
“New companies enter the universe through IPOs, spinouts or strategy changes, we will continuously update our investable universe,” Matthew Sigel, head of Digital Esset Research and head of Node ETF portfolio manager Matthew Sigel said in a statement.
He said, “We will also accommodate beta and volatility to maintain the risk responsible for bitcoin and avoid allocation of more than high-beta names during the criminal markets, and preserve the purchase power for future opportunities,” he said.
Beta is exposed to the instability of a financial property market.
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Other ETF Filing
In April, Vaikaina launched another ETF tracking crypto companies. Vaneck Digital Transformation ETF (DApp) invests in a passive index of companies working in digital asset space.
According to the website of DApp ETF, the net property is $ 185 million as of May 14.
Asset manager like Vaenkin is requesting American Securities and Exchange Commission (SEC) Permission to list 70 crypto upwards ETFS.
The ETF filing is in response to US President Donald Trump, who is softening the regulatory currency of SEC towards Crypto after assuming office in January.
On May 5, Vaiden asked SEC to list the green light Catching the native token of an ETF BNB chain,
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