–News Direct–
HANetf founder and Co-CEO Hector McNeil joined Proactive's Stephen Gunnion with news that the company is launching the Sprott Junior Uranium Miners UCITS ETF under the ticker 'URNJ' on the London Stock Exchange and on the Deutsche Brse this Friday.
The ETF, which focuses on small and medium-sized uranium companies, is highly anticipated, having generated significant interest on social media. Sprott, the sponsor of this product in the US, has seen its version gather around $400 million in assets in less than a year.
McNeil explained the demand for this ETF is driven by a recognition of nuclear power's role in providing a consistent clean energy source and a supply squeeze exacerbated by the Russia-Ukraine conflict. URNM, HANetf's broader uranium miners product, was the top-performing thematic ETF in Europe last year with a 45% return.
McNeil also highlighted the Future of Defence UCITS ETF (NATO), which benefits from current geopolitical tensions. This ETF is unique as it includes companies affiliated with NATO members or affiliates, aiming to capitalize on increased defence spending commitments among NATO countries.
Also under the spotlight was the ETC Group Physical Bitcoin ETF (BTCE), the most traded crypto spot ETF in Europe, boasting $1.3 billion in assets. This product underscores the growing acceptance and demand for cryptocurrency investment options in Europe, despite scepticism surrounding the digital asset class.
McNeil told Proactive he recently attended the largest annual ETF conference in Miami Beach, which focused significantly on Bitcoin and cryptocurrency ETFs, reflecting the industry's evolution and its bullish outlook towards a future valued at $50 trillion in the next decade.
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View source version on newsdirect.com: https://newsdirect.com/news/hanetf-founder-and-co-ceo-talks-about-new-junior-uranium-miners-etf-future-of-defence-and-bitcoin-247270331
HANetf Holdings Limited
COMTEX_448078511/2655/2024-02-20T09:21:29
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