VanEck submits 'on-chain economy ETF' application, focusing on encryption industry investment

Asset management company VanEck recently submitted an application to the SEC for a 'On-Chain Economy ETF', planning to invest in digital transformation companies and digital asset tools, and is expected not to directly hold Crypto Assets. Looking back, many Financial Institutions are competing to submit encryption ETFs, which may further drive encryption assets into the mainstream market.

(2024 is the year of ETF harvest, and more encryption ETFs will be launched in 2025)

VanEck's 'On-chain Economy ETF' focuses on digital transformation companies

Earlier today, Matthew Sigel, Director of Digital Asset Research at ETF issuer VanEck, revealed in a tweet about the company's application for a new ETF in the encryption field.

According to the application filed with the U.S. Securities and Exchange Commission (SEC), VanEck has submitted an application for a 'Onchain Economy Exchange Traded Fund (ETF)', which is reported to invest at least 80% of its assets in digital transformation companies and digital asset-related tools.

VanEck stated that the fund will invest in a variety of enterprises covering the encryption industry, including software developers, mining companies, cryptocurrency exchanges, infrastructure, and payment providers.

We define these companies as "Digital Transformation Companies," and the selection criteria will be based on fundamental analysis, market trends, valuations, and the company's strategic positioning in the digital asset ecosystem.

At the same time, the document also mentions that the fund will not directly hold Crypto Assets, but will invest in digital asset tools such as commodity futures contracts, indicating that the company intends to indirectly engage in the encryption industry through ETFs and reduce the risk of directly holding Cryptocurrency.

(VanEck 2025 Prediction: encryption becomes reality, RWA, stablecoins, and AI agents will grow significantly)

Issuer plays with encryption ETF, diversifying investment options

With the upcoming inauguration of President Trump, the market is looking forward to a more friendly regulatory environment in the future. An increasing number of Financial Institution have submitted or updated their applications related to ETF to the SEC.

(JPMorgan: XRP and Solana ETFs, if approved, may attract $13.6 billion in the first year)

Asset management companies and ETF issuers such as VanEck, 21Shares, Bitwise, and WisdomTree have all planned to launch more ETFs based on non-mainstream cryptocurrencies this year, including Solana, XRP, and LTC.

In addition, for more needs, Franklin's 'encryption指數 ETF (Franklin Crypto Index ETF)' and Bitwise's '比特幣標準公司 ETF (Bitwise Bitcoin Standard Corporations ETF)' are also good choices for investors; the former can hold both bitcoin and ether at the same time, while the latter focuses on holding a large amount of bitcoin.

With more and more enterprises and investors adopting Crypto Assets, the advancement and approval of ETFs may become an important catalyst for the growth of the encryption industry, and this is also expected to be influenced by the future attitudes and policy directions of regulatory institutions.

This article VanEck submits 'On-Chain Economy ETF' application, focusing on the Crypto Assets industry investment first appeared on Chain News ABMedia.