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Onchain Economy • Digital Assets • Blockchain Infrastructure

VanEck NODE ETF

A Front-Row Seat to the Onchain Economy

Overview

The VanEck Onchain Economy ETF (NYSE: NODE) is not just another crypto-themed investment vehicle. It represents a bold thesis: that the onchain economy—a decentralized, blockchain-based infrastructure for value exchange, data coordination, and trustless computation—is not only real, but investable.

By bridging digital asset innovation with traditional equity exposure, NODE offers investors a unique gateway to this rapidly evolving digital economic frontier.

🧠 What is the Onchain Economy?

VanEck defines the onchain economy as an emerging digital system where economic activity occurs natively on blockchain networks. It replaces centralized intermediaries with transparent, autonomous code execution—enabling programmable finance, borderless asset transfers, tokenized infrastructure, and decentralized coordination.

Components

  • • Crypto-native companies
  • • Blockchain-enabled infrastructure
  • • Traditional enablers of tokenized finance
  • • Consumer-facing platforms
  • • Decentralized computing, storage, and finance

Key Players

  • • Coinbase, MicroStrategy, Riot
  • • Energy firms, data centers
  • • CME Group, Visa
  • • Robinhood, MercadoLibre, Sea Ltd
  • • Palantir, Synopsys

🧭 The NODE ETF: Strategy and Structure

NODE is an actively managed equity ETF designed to capture the rise of this new digital economy. Rather than investing in tokens directly, NODE focuses on publicly listed companies that are building, enabling, or leveraging blockchain rails in meaningful ways.

Key Features

  • • Holdings: 30–60 high-conviction stocks
  • • Universe: 100+ companies
  • • Dynamic Allocation based on market conditions

Categories

  • • Crypto ETFs & trusts
  • • Miners
  • • Exchanges
  • • Digital asset managers
  • • Corporate Bitcoin holders
  • • Infrastructure
  • • Energy & utilities
  • • Traditional finance enablers
  • • Semiconductors & tech
  • • Gaming and consumer apps

📊 NODE's Holdings: A Curated Cross-Section

🚀 Crypto-Heavy Hitters

  • • Robinhood (HOOD)
  • • Coinbase (COIN)
  • • Galaxy Digital (GLXY)
  • • MicroStrategy (MSTR)

⚙️ Miners and Infrastructure

  • • CleanSpark, Riot, Bitdeer
  • • Cipher Mining, Terawulf
  • • Core Scientific, Hut 8

🔌 Energy + Compute

  • • Vistra, NRG, Xcel
  • • Kinder Morgan
  • • Digital Realty Trust

🏦 TradFi x DeFi Enablers

  • • CME Group, Visa
  • • Virtu Financial
  • • Customers Bancorp

📊 Holdings Dashboard

🔝 Top Holdings

HODL US
VanEck Bitcoin Trust
11.91%
MSTR US
MicroStrategy Inc
5.62%
HOOD US
Robinhood Markets Inc
4.17%
COIN US
Coinbase Global Inc
4.13%
MELI US
Mercadolibre Inc
3.99%
GLXY CN
Galaxy Digital Holdings
2.61%

⚙️ Blockchain Infrastructure & Mining

CORZ US
Core Scientific Inc
2.17%
HUT US
Hut 8 Corp
1.57%
RIOT US
Riot Platforms Inc
1.11%

🏗️ Energy & Infrastructure

NRG US
NRG Energy Inc
2.19%
XEL US
Xcel Energy Inc
2.11%
VST US
Vistra Corp
2.09%

🧠 Tech & Data

SHOP US
Shopify Inc
1.93%
SE US
Sea Ltd
1.63%
SNPS US
Synopsys Inc
1.17%

🌐 Financial Enablers

CME US
CME Group Inc
1.04%
V US
Visa Inc
0.97%
VIRT US
Virtu Financial Inc
0.98%

NODE's strategy is to blend crypto-native exposure with traditional infrastructure and fintech companies that are key to enabling the onchain economy. It offers diversified, actively managed exposure across digital assets, DePIN, energy, and tokenized finance sectors.

🧭 Why NODE Stands Out

Unlike single-theme crypto funds that follow Bitcoin or Ethereum alone, NODE provides multi-sector, equity-based exposure to the foundational layers of the onchain economy.

  • • Beta to Bitcoin and Ethereum
  • • Infrastructure optionality
  • • Alpha via active selection
  • • Exposure to "picks and shovels"

🔮 Final Take: The Future is Onchain

VanEck's NODE ETF embodies a forward-looking thesis: that the onchain economy will reshape how we coordinate trust, transact value, and build software.

For investors who believe blockchain is a foundational technology (not just a passing trend), NODE offers a thoughtfully constructed, actively managed equity portfolio tied to the long arc of decentralization.

It's not just a bet on crypto—it's a bet on the infrastructure of a new internet.