VanEck Onchain Economy ETF is trading 4.7% down today as information technology and digital asset–linked equities drop alongside a sharp reversal in the broader tech sector.
- Higher-for-longer interest rate fears, weak risk appetite, and renewed pressure on AI and semiconductor names are dragging growth assets.
- Although the fund recently benefited from strength in mining and crypto-equity names, its high tech weighting makes it vulnerable as the Nasdaq and major cryptocurrencies slide.