VanEck Investment Management has acquired a cryptocurrency fund of the depositary receipts of First Trust Andreesen Horowitz. The future product will have a unique investment strategy based on the analysis of assets and the use of digital currency. In particular, the fund will trade digital assets. This strategy represents a new approach to managing financial resources, ensuring investors' access to cryptocurrency assets through the management of underlying receipts. According to the head of the company's exchange products department, such an acquisition is a strategically important step for VanEck and will help the company expand its opportunities in the cryptocurrency sector. Thanks to this acquisition, they will be able to offer investors a broader spectrum of investment solutions in the field of digital assets.
