VanEck will launch the Degen Economy ETF, focusing on areas such as digital gaming and prediction markets

According to Bloomberg analyst Eric Balchunas, VanEck will launch the Degen Economy ETF, focusing on areas such as digital gaming and prediction markets. This ETF is a spin-off from a previous gaming ETF, which was forced to adjust due to poor performance. Eric Balchunas noted that this represents the growing presence of the "gambling" community in the economic sphere.