VanEck’s Onchain Economy ETF will invest in digital transformation companies and digital asset instruments, prioritizing 80% allocation to crypto-focused firms. This fund emerges after the closure of the Ethereum Strategy ETF following SEC’s approval of spot Ethereum ETFs.
The new ETF aims to leverage the growing digital economy. Recently, VanEck’s ETHV fund generated 1,640,000 USD, while the Bitcoin ETF, HODL, amassed a volume of 15,870,000 USD, indicating strong market interest.