VanEck Onchain Economy ETF is trading 3.4% down today as its information technology and digital-asset–linked holdings sell off alongside a broad decline in high-growth, risk assets.
- Weakness in the technology sector follows Broadcom’s disappointing AI reaction, weighing heavily on the fund's IT-related holdings.
- Falling Bitcoin and Ethereum prices are dragging the on-chain economy complex lower as crypto markets face renewed pressure.
- A broader risk-off move triggered by fresh U.S. jobs data is further impacting high-growth assets and the digital economy sector.