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

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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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