VanEck Digital Assets Mining ETF (DAM)
| Assets | $1.87M |
| NAV | $18.75 |
| Expense Ratio | 0.50% |
| PE Ratio | n/a |
| Shares Out | 100,000 |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Ex-Dividend Date | n/a |
| 1-Year Return | -48.09% |
| Volume | 666 |
| Open | 17.29 |
| Previous Close | 18.74 |
| Day's Range | 19.05 - 19.17 |
| 52-Week Low | 17.18 |
| 52-Week High | 46.05 |
| Beta | n/a |
| Holdings | 26 |
| Inception Date | Mar 7, 2022 |
About DAM
The index is a global index that tracks the performance of Digital Assets Mining Companies. The fund will not invest in digital assets (including cryptocurrencies) (i) directly or (ii) indirectly through the use of digital asset derivatives. The fund also will not invest in initial coin offerings. It is non-diversified.
Top 10 Holdings
62.77% of assets| Name | Symbol | Weight |
|---|---|---|
| Riot Blockchain | RIOT | 8.09% |
| Marathon Digital Holdings | MARA | 7.58% |
| Northern Data AG | NB2.DE | 7.19% |
| Hut 8 Mining Corp | HUT.TO | 6.83% |
| Block | SQ | 6.68% |
| Canaan | CAN | 6.32% |
| HIVE Blockchain Technologies Ltd | HIVE.V | 5.62% |
| Argo Blockchain | ARBK | 5.33% |
| Iris Energy | IREN | 4.64% |
| Bitfarms Ltd | BITF.TO | 4.49% |
News
Congress Introduces Digital Commodity Exchange Act of 2022
On Thursday, a bipartisan group of lawmakers introduced the Digital Commodity Exchange Act of 2022, which aims to give the Commodity Futures Trading Commission a bigger role in overseeing crypto spot ma...
Crypto Mining at an Environmental Crossroad
Cryptocurrencies are continuing to gain mainstream and institutional acceptance, but the question of environmental impact still looms over the industry. The U.S. House of Representatives Natural Resourc...
Digital Asset ETF Opportunities to Capitalize on Disruptive Blockchain Innovation
As investors explore the different areas of disruption in the digital asset ecosystem, they can consider actionable exchange traded fund opportunities available today. In the recent webcast, As Blockcha...
As Blockchain Disrupts the Web, Seek These Digital Asset Opportunities
Blockchain technology and digital assets are revolutionizing the financial services industry. In the coming years, blockchain is set to disrupt consumer-facing “Web 2.0” incumbents, bringing transparenc...
Drilling Down on DAM, a New Digital Assets ETF
Increasingly, digital assets means much more than just bitcoin. In fact, this universe is rapidly expanding, prompting many investors to ponder what's next.
Depend on DAM for Digital Asset Infrastructure Exposure
The universe of digital assets and related usage cases is expanding at a rapid rate. So are the investments offering exposure to that trend.
VanEck Enhances Crypto and Blockchain ETF Offerings With DAM
VanEck on Wednesday launched a new ETF offering targeted exposure to digital assets mining companies, which validate and process blockchain transactions to create new units of cryptocurrency. The VanEck...
VanEck Launches Digital Assets Mining ETF (DAM), Providing Access to the Builders of the Blockchain
NEW YORK--(BUSINESS WIRE)--VanEck launches DAM, expanding firm's crypto and blockchain-focused offerings.