New VanEck ETF Includes Bitcoin Groups

VanEck, an assets management company with roots in the cryptocurrency space, has long desired to offer a bitcoin exchange-traded fund (ETF) on the public market. The U.S. Securities and Exchange Commission has, however, not approved its filing to do so (or any other such filings, for that matter).

But in the meantime, VanEck has launched a new ETF that allows eager investors access to the Bitcoin market, albeit in a less direct way.

The new ETF, called the Digital Transformation ETF, is designed to provide investors with exposure to companies that have invested in or provide services for “the digital transformation of the world’s economy.” For many of the fund’s primary holdings, this means companies that are all-in on bitcoin.

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