Author: Vince Quill, CoinTelegraph; Compiler: Deng Tong, Golden Finance

Asset management company VanEck submitted an "on-chain economy" exchange-traded fund (ETF) to the U.S. Securities and Exchange Commission on January 15. ), comments posted on social media by VanEck’s head of digital asset research, Matthew Sigel, have now been deleted.

According to the application, the fund will invest in crypto companies across the industry, including software developers, mining companies, cryptocurrency exchanges, infrastructure builders, payments companies and other businesses in the crypto space.

The asset manager defines these as “digital transformation companies,” writing:

“The selection of digital transformation companies is based on fundamental analysis, market trends, and the company’s success in digital assets. Comprehensive consideration of strategic positioning in the ecosystem and valuation.”

The fund will also invest in digital asset instruments such as commodity futures contracts, but will not directly invest in digital assets by holding cryptocurrencies. VanEck's filing is one of the latest ETF filings with new SEC leadership incoming.

VanEck applied for an on-chain economic ETF. Source: SEC

With U.S. President-elect Donald Trump re-elected and expectations of a friendlier regulatory environment, a number of asset managers and financial companies have submitted applications to the U.S. The Securities and Exchange Commission has filed or updated a cryptocurrency ETF application.

Digital asset management company Bitwise submitted an application for 10 cryptocurrency index fund ETFs in November 2024.

The index includes Bitcoin, ETH, SOL, XRP, AVAX, link, ADA, BCH, UNI, and DOT.

ETF provider WisdomTree filed for an XRP ETF in December 2024, joining 21Shares, Canary Capital and Bitwise.

Digital asset manager Grayscale also applied for the Solana ETF in December. The company petitioned the SEC for approval to convert its existing Grayscale Solana Trust into an exchange-traded fund.

The same month, asset manager REX Financial launched the REX Crypto Equity Premium Income ETF, which relies on a covered call strategy of writing options on crypto stocks to generate income.

Recently, Bitwise filed a regulatory filing with the U.S. Securities and Exchange Commission proposing to list the Bitwise Bitcoin Standard Corporations ETF, which would invest in companies with large holdings of Bitcoin.