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.
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 ...
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