VanEck's about to flip their underperforming Gaming ETF into something spicy—the Degen Economy ETF. Yep, you read that right. They're pivoting hard into digital gaming, online gambling, and the whole degen ecosystem. Makes sense when you think about it: the old fund wasn't exactly printing money, so why not chase where the actual action is? Degens have quietly become a legit economic force, and now Wall Street's finally catching on. This could get interesting—traditional finance wrapping its arms around crypto culture and speculative mania. Watch this space.

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SmartContractPlumbervip
· 23h ago
Oh no, traditional finance is starting to play degen too? I've seen this trick before—the asset management products perform poorly, then just change the name and start over in a new track, just like those so-called "innovative" funds back in the day. The question is, are the contract permissions for these high-risk assets properly designed? I've seen too many project teams set hidden pitfalls during parameter upgrades, with permission controls being effectively useless.
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ForkMongervip
· 12-10 20:04
lol vaneck finally admits the old playbook was dead on arrival... now they're just chasing degen breadcrumbs like everyone else. funny how institutions pretend they're innovating when they're really just following protocol incentives nobody else wanted to touch. classic governance failure moment—they waited til the margin of disruption was already baked in.
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WinterWarmthCatvip
· 12-10 19:57
NGL, Vaneck's recent moves are quite good at riding the hype; the degen economy has indeed gained popularity.
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PanicSeller69vip
· 12-10 19:55
Haha, really? Even Wall Street has started to buy the dip in degen. This is really taking off. --- The big institutions are entering the degenbox, what does it mean... money is really here. --- Wait, are they really going all in on the gambling economy? The vibe is a bit intense. --- Traditional finance has finally sniffed out the aroma of degen. Better late than never, right? --- The original funds lost so much that they might as well directly bet on speculative mania? I always said this market is just a big casino. --- Wall Street finally admits that the degen economy is the real economy. I said it long ago.
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CryptoPhoenixvip
· 12-10 19:55
Remember, when losing money, it's most important to stay sober. VanEck's recent moves are actually laying the groundwork for the next opportunity [笑出声] --- Wall Street is finally starting to understand the degen economy, this is what value return looks like, brothers --- From Gaming to Degen, in simple terms, traditional finance is going through cycles and learning to evolve. We've seen this opportunity early on --- Another signal of a bottom range. Those with patience will eventually see the dawn; no need to panic this time --- Isn't rebirth and reborn just like this? Old funds collapse, new ecosystems rise, law of conservation of energy, everyone --- Honestly, institutions willing to invest in the degen economy already have half the battle won. This is a sign of building positions --- While you're worried in the bear market, I'm thinking that Wall Street is also going all-in on this track --- Having gone through so many market lessons, after watching VanEck's moves, I feel more confident than ever. Just be patient and wait
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