In Van Eck’s filing documents, it is specified that the proposed ETF would not invest in digital assets directly, which suggests the activities of the fund are likely to focus on equity investing in leading mining firms.
Van Eck targets flourishing mining stocks
Stock markets have been receptive to digital asset mining this year, with an impressive 217% rate of return in 2021 driving great exposure to the industry in more familiar asset classes for many investors.
Van Eck’s ETF will not be the first set-up to try and capture market share here, amongst the biggest in the space is Amplify’s Transformational Data Sharing ETF, which has been around for a number of years taking serious equity positions in huge players like Riot blockchain and Marathon.
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