The logos of the cryptocurrencies Bitcoin (BTC), Ethereum (ETH), the stablecoin Tether (USDT) and Binance Coin (BNB) can be seen on the trading platform CoinMarketCap.VanEck is betting that what started as a slang for reckless online traders can sell an ETF.The firm is renaming its gaming ETF (BJK) the "VanEck Degen Economy ETF," flipping the once-pejorative term into a marketing pitch for the boom in digital finance, gig platforms and online betting, according to a regulatory filing. The change takes effec ...

Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. Subscribe to the Morning Minute on Substack. GM! Today’s top news: Crypto majors tumble after Powell cuts the rate; BTC -2% at $90,250 Democrats accept portion of Market Structure bill, send 3-page counter VanEck leans into Degen culture with new Degen Economy ETF Meteora announces $10M in MET token buybacks, will continue Fogo shares ICO ...

For those long or short "degen culture" - you'll have a way to financially express that view soonVanEck is changing their Gaming ETF to a Degen Economy ETF, with a basket of assets focused in:- Millennial Finance (digital brokerages, neobanks)- Gig economy (ride share, food delivery)- Digital Gambling (casinos, gambling apps)Very interesting way to bet on cultural trends (or their demise)...Eric Balchunas (@EricBalchunas):The VanEck Degen Economy ETF.. coming soon to a brokerage near you. They are changing ...