VanEck

VanEck, an investment firm with almost $82 billion in assets under management, has submitted an application to the United States Securities and Exchange Commission (SEC) for the launch of a new exchange-traded fund (ETF) that invests in gold mining and Bitcoin (BTC) mining companies. According to the SEC document filed on Thursday, the fund will focus on securities in an index that reflects the performance of gold mining and digital assets mining firms. It would not invest in cryptocurrencies directly or through derivatives. However, there was no ticker or cost ratio mentioned in the document. VanEck ETF Trust files with the SEC-VanEck Digital Assets Mining ETF https://t.co/pSaogEzRVW — Exchangetradedfunds (@ETFsinfo) March 8, 2022 The news of VanEck‘s proposed fund comes as concerns over ...