This week saw something of a return to the usual level of new launches in a week, with a good range of ETF products.
One of the most notable was not exactly an ETF launch, but definitely a first, the launch of a futures contract based on ETC Group’s BTCE bitcoin ETP, demonstrating the liquidity of the product – at times the most traded product on the Deutsche Borse.
Other crypto products are based on Solana: Osprey Funds brought out the first US Solana product with its Osprey Solana Trust for private placement and Valour launched its Solana ETP on the Nordic Exchange.
“Solana has the potential to become the rails of an integrated, decentralised financial network that establishes one global price for assets. With the debut of the Osprey Solana Trust, we are continuing to build onramps for investors to access what we believe are the most promising blockchain technologies,” says Greg King, CEO of Osprey.
GraniteShares added to its range of leveraged and short ETPs this week with its first French listing of 20 collateralised tracker ETPs on Euronext Paris.
The US asset management firm Hartford funds launched its first commodity ETF and latest news from Goldman Sachs Asset Management was the launch of its Goldman Sachs Future Tech Leaders Equity ETF, GTEK, described as a fully transparent, actively managed equity ETF that aims to generally invest in listed technology companies with market capitalisations of less than USD100 billion, across both developed and emerging markets.
And ESG also continued on its popular path, with Lyxor launching the Lyxor Corporate Green Bond (DR) UCITS ETF, allowing investors to contribute in the transition to a low-carbon economy and align their corporate bond portfolio with their net-zero ambitions.