VanEck's NODE ETF Set to Revolutionize Crypto Investment Landscape on May 14!

Get Ready for a New Era of Digital Asset Exposure!

Hang onto your hats, crypto enthusiasts! VanEck is about to shake things up with the launch of its latest exchange-traded fund, NODE, hitting the market on May 14. This bold move expands their already sizzling lineup of crypto-related investment products!

Breaking News: SEC Gives NODE the Green Light!

Matthew Sigel, VanEck's head of digital assets, dropped a bombshell on X on April 16. The U.S. Securities and Exchange Commission has given the thumbs up to their upcoming ETF, NODE! Mark your calendars because this ETF is set to launch on May 14, offering investors a golden ticket to companies driving the digital asset and blockchain economy.

NODE: Your Gateway to the Onchain Economy!

Get this: NODE is being hailed as the Onchain Economy ETF, and it's about to become the ultimate bridge for investors to dive into the digital asset economy without directly holding any crypto. It's like having a backstage pass to the hottest show in town, giving you diversified exposure to public companies that are building the backbone of the blockchain world.

What's Inside NODE? A Diverse Mix of Crypto Powerhouses!

Hold onto your seats because NODE is set to include between 30 to 60 publicly traded companies from a pool of over 130! These aren't just any companies; they're the movers and shakers across a wide range of industries linked to crypto infrastructure. We're talking asset managers, data centers, exchanges, Bitcoin miners, and hardware manufacturers – the whole shebang!

More Than Just Stocks: NODE's Daring 25% Crypto-Linked Allocation!

But wait, there's more! NODE isn't afraid to go the extra mile. The fund may allocate up to 25% of its holdings to crypto-linked exchange-traded products. And get this – it's all managed with a fee of just 0.69%! No direct crypto investments here, folks, but NODE is all about targeting "Digital Transformation Companies" – firms that are making bank from blockchain, crypto, or distributed ledger tech. They're even throwing in foreign securities, mid-cap stocks, and commodities-linked instruments to sweeten the deal.

NODE's Cayman Islands Subsidiary: A Smart Move for Maximum Exposure!

VanEck isn't messing around. To crank up the exposure, NODE will invest through a Cayman Islands subsidiary, giving them indirect access to commodity futures, swaps, and other exciting vehicles while still playing by U.S. tax rules. They're excluding stablecoins but will limit investments in the subsidiary to 25% of total assets per quarter. It's a strategic move that's sure to keep investors on the edge of their seats!

VanEck's Crypto ETF Empire Continues to Grow!

With NODE's launch, VanEck is proving they're not just in the game – they're dominating it! They've already applied for other cryptocurrency-focused ETFs, like those tracking Avalanche (AVAX) and Binance Coin (BNB). And let's not forget their spot Bitcoin (BTC) ETF, HODL, which is currently managing over $1.2 billion in assets. VanEck is on a mission to keep growing their selection of cryptocurrency ETFs, and NODE is just the beginning!