VanEck turns online slang into strategy with ‘Degen Economy’ ETF

Key Points

VanEck is renaming its gaming ETF (BJK) the “VanEck Degen Economy ETF.”
“Degen,” short for “degenerate,” originated in gambling circles and later migrated into crypto and retail-trading communities.
The change takes effect after the market close on April 8, resetting a fund launched in 2008 that has just $23 million in assets.

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