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Few industries have experienced such stratospheric growth and widespread adoption as digital technology and even fewer have warranted to have the title of their own “economy” attached to it. Make no mistake, the digital economy is real and still growing, both in the depth and breadth of use cases. Additionally, COVID-19 seems to have sped up adoption and use of the digital economy in a lot of ways, but what will it look like in the long term?
In the last decade, the rate of change and innovation in the digital ecosystem has been remarkable. Businesses and consumers alike, have become users and avid fans of many digital products, many of which would not have been possible. From quick and easy digital payments and transfers to advanced security applications through blockchain technology, it seems like the digital world is expanding every moment.
May 12, 2021
Exchange traded fund investors who are interested in a growing new market can consider the companies at the forefront of the digital asset ecosystem.
In the recent webcast,
How to Invest in the Digital Assets Economy, John Patrick Lee, ETF Product Manager, VanEck, explained that a digital asset is an asset issued and transferred using distributed ledger or blockchain technology, which is comprised of cryptocurrencies, platforms, decentralized applications, and non-fungible tokens.
Specifically, cryptocurrencies are a type of digital currency in which transactions are verified and records maintained by a decentralized system using cryptography, rather than by a centralized authority.
The DAPP ETF: Digital Assets as an Alternative to Cryptocurrency? May 10, 2021
Strong performances from top cryptocurrencies like Bitcoin and Ethereum are spilling over into companies that focus on digital assets, which should help funds like the
DAPP seeks to track the price and yield performance of the MVIS Global Digital Assets Equity Index, which is a rules-based modified capitalization weighted, float adjusted index intended to give investors a means of tracking the overall performance of companies involved in digital assets.
As the Index is designed to be a pure-play overview of the relevant players in the space, to be eligible for inclusion, a company must generate at least 50% of its revenues from digital assets projects; generate at least 50% of its revenues from projects that, when developed, have the potential to generate at least 50% of their revenues from digital assets or digital asset projects; and/or have at least 50% of its assets invested in direct digital as
May 10, 2021
Digital frontiers have opened up a world of bountiful opportunity for investors who know where to look. And where might that be?
In the upcoming webcast,
How to Invest in the Digital Assets Economy, Edward Lopez, Head of ETF Product, VanEck; and John Patrick Lee, ETF Product Manager, VanEck, will peruse the companies at the forefront of the digital asset ecosystem.
Specifically, the
VanEck Vectors Digital Transformation ETF (DAPP) can help investors focus on companies engaging in business of digital assets. DAPP tries to reflect the price and yield performance of the MVIS Global Digital Assets Equity Index, which is a rules-based modified capitalization weighted, float adjusted index intended to give investors a means of tracking the overall performance of companies involved in digital assets.