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Cointelegraph Bitcoin & Ethereum Blockchain News


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Published in Stocks and Investing on by CoinTelegraph   Print publication without navigation

The most recent news about crypto industry at Cointelegraph. Latest news about bitcoin, ethereum, blockchain, mining, cryptocurrency prices and more

VanEck's OnChain Economy ETF (NODE) is an exchange-traded fund designed to offer investors exposure to the blockchain and cryptocurrency ecosystem without directly investing in cryptocurrencies. Launched on March 22, 2024, NODE tracks the performance of the MVIS Global Digital Assets Mining Index, which includes companies involved in digital asset mining, blockchain technology, and related services. The ETF aims to provide a diversified investment approach by focusing on firms that support the infrastructure of the blockchain economy, such as those engaged in mining operations, equipment manufacturing, and software development. By investing in NODE, investors can gain indirect exposure to the growth and development of the blockchain industry while mitigating some of the risks associated with direct cryptocurrency investments.

Read the Full CoinTelegraph Article at:
[ https://cointelegraph.com/explained/what-is-vanecks-onchain-economy-etf-node-and-how-does-it-work ]

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