VanEck has received approval from the U.S. Securities and Exchange Commission to launch a new exchange-traded fund that tracks the stocks of companies involved in the cryptocurrency industry. The new fund, under the ticker NODE, will invest at least 80% of its assets in digital transformation companies and digital asset instruments — from crypto exchanges and mining firms to data centers and chip manufacturers.

According to Matthew Sigel, Head of Digital Assets Research at VanEck, the fund will be actively managed and include between 30 and 60 companies from a pool of over 130. Up to 25% of the fund’s assets may be allocated to other crypto ETFs. The management fee is set at 0.69%. The launch is scheduled for May 14.

This isn’t VanEck’s first step into the crypto space. Earlier this year, VanEck Ventures invested in Manifest — a platform linking U.S. real estate to decentralized finance. Other VanEck products include the Bitcoin ETF HODL, Ethereum ETF ETHV, and the DAPP fund, which tracks the index of digital transformation in the economy.

“The global economy is shifting to a digital foundation,” Sigel said. “NODE offers active investment in real businesses building that future.”