VanEck Submits Onchain Economy ETF Application to the U.S. SEC
Powered by ChatGPTAccording to Foresight News and reported by Cointelegraph, asset management company VanEck has submitted an application for the Onchain Economy ETF to the U.S. Securities and Exchange Commission (SEC). The fund plans to invest over 80% of its assets in companies involved in digital transformation and tools related to digital assets, including software developers, mining companies, cryptocurrency exchanges, payment companies, etc., but will not directly hold cryptocurrencies.
According to Foresight News and reported by Cointelegraph, asset management company VanEck has submitted an application for the Onchain Economy ETF to the U.S. Securities and Exchange Commission (SEC). The fund plans to invest over 80% of its assets in companies involved in digital transformation and tools related to digital assets, including software developers, mining companies, cryptocurrency exchanges, payment companies, etc., but will not directly hold cryptocurrencies.