VanEck will launch the Degen Economy ETF, focusing on areas such as digital games and prediction betting.

According to Odaily Planet Daily, Bloomberg ETF analyst Eric Balchunas stated that VanEck will launch the Degen Economy ETF, focusing on areas such as digital games and prediction/betting. This ETF is a spin-off of a previous gaming ETF, which was forced to adjust due to poor performance.

Eric Balchunas points out that this indicates the "gambler" group is growing in the economic sphere.