VanEck Files to Launch Digital Asset Mining ETF

VanEck Files to Launch Digital Asset Mining ETF
Investment firm VanEck has filed with the SEC to launch an exchange-traded fund (ETF) focused on digital asset mining companies.The fund will invest at least 80% of its total assets in securities of digital asset mining firms that generate or have the potential to earn at least 50% of their revenues from mining activities or related technologies.The ETF’s holdings may include small- and medium-capitalization companies and foreign and emerging market issuers. It may also invest in depositary receipts and securities denominated in foreign currencies.The ETF won’t invest directly in digital assets, nor in initial coin offerings.The filing didn’t provide details…