The company said the VanEck Onchain Economy ETF, under the ticker NODE, will offer exposure to “digital transformation companies and digital asset instruments.” The fund is actively managed and focuses on public companies involved in the blockchain space, including crypto miners, exchanges, data centers, energy providers, and fintech firms using crypto technology.

It will hold between 30 and 60 companies, chosen from a wider pool of over 130, with the portfolio adjusted based on market trends and each firm’s connection to Bitcoin (BTC). NODE won’t hold cryptocurrencies directly but can invest up to 25% of its assets in crypto-linked exchange-traded products like Bitcoin ETFs.

These investments will be made through a Cayman Islands subsidiary, which will allow the fund to comply with U.S. tax laws while indirectly gaining exposure to cryptocurrency-related products like swaps and futures. NODE won’t invest in stablecoins and will restrict subsidiary exposure to 25% of assets every quarter.

VanEck’s Head of Digital Assets Research, Matthew Sigel, said NODE aims to offer “diversification and liquidity” while providing a lower-volatility alternative to pure-play crypto strategies. “Categorizing assets by their bitcoin sensitivity lets us fine-tune the portfolio across market cycles,” he added.

With a 0.69% management fee, NODE complements VanEck’s line of crypto-related products, which already includes the passively managed Digital Transformation ETF. The launch coincides with the rising institutional interest in blockchain infrastructure, alongside the growing availability of products from traditional asset managers that are suited to the changing on-chain economy.

VanEck has also filed for ETFs tied to individual digital assets, including Avalanche (AVAX) and Binance Coin (BNB), indicating its ongoing expansion in the crypto investment space.

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Ethereum has experienced a significant price rally, climbing nearly 50% to over $2,700 following the recent Pectra upgrade.
Currently, it sits about 6% below the price level it reached after Eric Trump publicly endorsed the crypto on February 3, when he tweeted that it was a great time to invest in Ethereum.

This tweet came during a market downturn triggered by President Trump’s tariff proposals, which caused Ether to drop more than 15% to around $2,300.

The bearish trend continued as fears of escalating trade tensions and inflation grew, particularly after Trump announced sweeping tariffs in early April. This led to Ether hitting a low of approximately $1,400 on April 7, marking its lowest point since November 2023.

However, the recent price surge is attributed to the activation of the Pectra upgrade on May 7, along with improved sentiment regarding US-China trade relations and increased institutional investment.

The Pectra upgrade introduces several Ethereum Improvement Proposals (EIPs) aimed at enhancing staking efficiency, wallet usability, and layer 2 scalability.

This upgrade is crucial for Ethereum's future growth, making the platform more user-friendly and enabling systematic staking. Since the upgrade's launch, Ethereum's price has surged over 40% within just five days.

On the institutional investment front, UK-based Abraxas Capital has made headlines by acquiring 211,030 ETH, valued at around $477 million, in the past week. This influx of institutional interest has contributed to Ethereum's rising market capitalization, which now stands at around $325 billion.

This places Ethereum ahead of major companies like Coca-Cola, valued at around $297 billion, and Alibaba, which has a market cap of about $320 billion.

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Coinbase Global will become the first-ever crypto company to be included in the benchmark index next week.
The San Francisco-based crypto exchange will replace Discover Financial Services in the S&P 500 on May 19, according to the release.

Coinbase Stock Jumps
The S&P 500 is a coveted index for large companies opening up their stock to a broader investor base. It also provides exposure to passive funds that track the benchmark and actively managed funds that may have limitations on where they can invest.

Coinbase, the first major cryptocurrency company to go public in 2021, managed to report a profit for the last quarter, which is a requirement for inclusion in the S&P 500.

“This milestone represents what the true believers, from retail investors to institutional investors to our employees and partners, knew all along. Crypto is here to stay,” said Coinbase CEO Brian Armstrong.

He added two further thoughts: “Crypto is about to be in everyone’s 401 (k)” pension fund, and his goal is that in 5 to 10 years, “getting into the COIN50 index will feel as good as this.”

Coinbase shares jumped 11% in after-hours trading on May 12, to come just below $230, according to Google Finance.
However, the firm’s shares have had a tough year, falling 41% since the beginning of 2025 as the Trump administration’s trade tariffs have torn through stock markets.

The S&P 500 climbed 3.2% on Monday as the recovery from its early April slump continues, but the index remains down 37% since the beginning of this year.

Disappointing Q1
Last week, Coinbase reported a disappointing first quarter, citing a fall in crypto prices alongside the broader market, due to tariffs and economic uncertainty.

The crypto exchange reported a net income of $65.6 million, down from $1.18 billion a year earlier. However, revenue was up 24% to $2.03 billion from $1.64 billion in the same period a year ago.

Coinbase also announced plans earlier this month to buy Dubai-based crypto derivatives exchange Deribit for $2.9 billion in the largest crypto industry deal to date.

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JPMorgan has significantly invested in Bitcoin ETFs.
Investment exceeds $1.7 billion USD.
This reflects high institutional demand for crypto.

JPMorgan's investment in Bitcoin exchange-traded funds (ETFs) has surpassed $1.7 billion, as reported by ChainCatcher via Crypto Rover. This achievement highlights the institution's growing interest in digital assets.

The investment reflects institutional confidence in Bitcoin's potential and could drive increased attention to cryptocurrency markets globally.

JPMorgan's $1.7 Billion Crypto Leap Signals Market Shift
JPMorgan has channeled significant funds into Bitcoin ETFs, exceeding $1.7 billion. This move signals a notable shift, indicating strong confidence in Bitcoin from established financial institutions like JPMorgan. Crypto Rover disseminated this information through ChainCatcher, reinforcing the reported sum and its implications.

The growing investment indicates potential market stabilization as traditional finance entities strengthen their positions in digital assets. This development could lead to expanded engagement from similar institutions, possibly influencing Bitcoin’s liquidity and price stability in the medium term.

Market reactions are generally positive, underscoring expectations of institutional expansion in cryptocurrency spaces. Industry figures suggest that JPMorgan's actions may signal broader acceptance, highlighting the allure of digital currencies amid evolving financial landscapes.

Institutional Investment Trends Could Reshape Crypto Markets
Did you know? As JPMorgan's investment in Bitcoin ETFs crosses the $1.7 billion mark, it mirrors the trend of increasing institutional stakes initiated during Bitcoin's 2017 bull run, showcasing sustained corporate interest in cryptocurrency.

Ethereum (ETH) currently holds a market price of $2,510.47 and a market cap of $303.09 billion, according to CoinMarketCap. Its recent 7-day price surge of 39.15% points to robust market recovery, emphasizing Ethereum's dynamic nature with a 30-day rise of 60.03%.

According to Coincu's research team, institutional investments in Bitcoin ETFs could herald transformative shifts in cryptocurrency adoption. Historical data indicates a pattern where institutional participation leads to regulatory and technological advancements, potentially reshaping markets as these assets integrate into mainstream portfolios.

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Bitcoin ETF inflows reach $40.62B due to institutional demand.
BlackRock leads with $531M daily inflows.
Ethereum ETFs lag, spotlighting Bitcoin dominance.

The latest surge in Bitcoin ETF inflows highlights growing institutional interest and potential market momentum for BTC, as BlackRock and other firms heavily invest in the sector.

BlackRock has emerged as a key leader in the Bitcoin ETF space, with its iShares Bitcoin Trust dominating inflows. Cumulative inflows into Bitcoin ETFs have hit a record high due largely to BlackRock's investment strategy. Other prominent firms involved include Fidelity and Bitwise, although both have reported modest outflows. Larry Fink's leadership at BlackRock has been pivotal in driving traditional finance into digital assets. As Larry Fink remarked, "BlackRock alone has seen a staggering $531 million in net inflows on a single day, with $44.21 billion as its cumulative net figure."

This surge in Bitcoin ETF inflows has had a significant impact on financial markets. There is increased upward pressure on Bitcoin's market price and liquidity, though Ethereum ETFs report stagnation. Experts note these trends could herald broader shifts in institutional crypto investments.

The recent record-breaking inflows into Bitcoin ETFs indicate a rising institutional focus on BTC, potentially altering asset allocation strategies. Regulatory acceptance remains stable, supporting continued growth. Market analysts anticipate further institutional gains, yet altcoins like Ethereum continue to underperform in ETF flows. Historical data suggests similar periods of ETF growth prompted significant price boosts for Bitcoin, pointing to ongoing investor confidence amid emerging trends.

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