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<p>[QUOTE=&quot;juris klavins, post: 7446966, member: 76693&quot;]Last Updated: April 19, 2021 at 1:51 p.m. First Published: April 14, 2021 at 8:00 a.m. </p><p>(From Market Watch . com)</p><p>By</p><p><font size="3"><b><a href="https://www.marketwatch.com/topics/journalists/andrea-riquier?mod=MW_author_byline" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.marketwatch.com/topics/journalists/andrea-riquier?mod=MW_author_byline" rel="nofollow">Andrea Riquier</a></b></font></p><p>No, there’s still no Bitcoin ETF.</p><p><br /></p><p>But in yet another sign of how strongly the investment-management world believes in cryptocurrencies and blockchain technologies, an exchange-traded fund launching today will offer access to the “digital asset ecosphere.”</p><p><br /></p><p>The VanEck Vectors Digital Transformation ETF <a href="https://www.marketwatch.com/investing/fund/DAPP?mod=MW_story_quote" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.marketwatch.com/investing/fund/DAPP?mod=MW_story_quote" rel="nofollow">DAPP, -2.34%</a> will offer investors exposure to the infrastructure of the world of blockchain, from miners to digital asset exchanges to storage solutions, said John Patrick Lee, a VanEck product manager.</p><p><br /></p><p>“Bitcoin is the flagship digital asset,” Lee said in an interview. “But it’s only part of the story. We see the entire ecosystem as a long-term structural growth story. Adoption, integration, and interest have been happening on the <a href="https://www.marketwatch.com/story/americans-ready-to-plow-10-of-stimulus-checks-into-bitcoin-and-stocks-survey-says-11615823512" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.marketwatch.com/story/americans-ready-to-plow-10-of-stimulus-checks-into-bitcoin-and-stocks-survey-says-11615823512" rel="nofollow">retail </a>side and the <a href="https://www.marketwatch.com/story/weve-reached-a-tipping-point-on-bitcoin-adoption-fidelitys-tom-jessop-says-11617847910" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.marketwatch.com/story/weve-reached-a-tipping-point-on-bitcoin-adoption-fidelitys-tom-jessop-says-11617847910" rel="nofollow">institutional</a> side, and now you even see some central banks <a href="https://www.wsj.com/articles/china-creates-its-own-digital-currency-a-first-for-major-economy-11617634118" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.wsj.com/articles/china-creates-its-own-digital-currency-a-first-for-major-economy-11617634118" rel="nofollow">starting to float their own digital currencies.</a>”</p><p><br /></p><p>The firm’s CEO, Jan van Eck, <a href="https://www.marketwatch.com/story/its-time-for-a-bitcoin-etf-jan-van-eck-and-som-seif-say-11617898830" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.marketwatch.com/story/its-time-for-a-bitcoin-etf-jan-van-eck-and-som-seif-say-11617898830" rel="nofollow">speaking at a MarketWatch-Barron’s conference</a> on crypto assets in early April, almost seemed to tease the new ETF. In response to a question about whether there are enough ancillary companies operating in the ecosphere to warrant an ETF, van Eck agreed.</p><p><br /></p><p>“We think there are finally enough public companies in the ecosystem, whether miners or banks, to put together a portfolio of companies that have this exposure,” van Eck said.[/QUOTE]</p><p><br /></p>

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