| Investment Objective: |
VanEck Onchain Economy ETF is an actively managed ETF that seeks long-term capital appreciation by investing in companies and instruments that are meaningfully tied to the on-chain economy, including blockchain infrastructure, digital asset services, and digital asset exposure. The Fund seeks to achieve its investment objective by investing at least 80% of its net assets in Digital Transformation Companies and/or Digital Asset Instruments. "Digital Transformation Companies" include companies (i) that operate digital asset exchanges, operate payment gateways (i.e., a merchant service that authorizes direct payments processing for businesses), engage in and/or assist with the digital asset mining operations, provide software services, equipment and technology, energy or energy infrastructure, data center capacity or other services to digital asset operations, operate digital asset infrastructure businesses, or facilitate commerce with the use of digital assets (these items are collectively referred to herein as "digital asset projects") or otherwise generate revenues related to digital asset projects. For Digital Asset Instruments, the Adviser seeks to target investments that offer exposure to the largest digital assets by market capitalization, excluding stablecoins. |
