ESG and crypto dominate the global ETF launches again this week, with 21Shares bringing us an ETP that combines bitcoin and gold and ETC Group launching an XRP-backed ETC on Xetra.
Thematics and ESG products this week bring us uranium, with HANetf’s Sprott uranium miners, and HANetf again brings us a first – an Electric Vehicle Charging Infrastructure Equity UCITS ETF (ticker: ELEC).
The firm writs that in order to sustain 600 million EVs on the road by 2040, todays charging infrastructure will need to see a huge expansion. Market research projects that the global electric vehicle charging station market size is to grow six-fold from 2022 to 2027.
First Trust was also busy in this space, bringing us the First Trust Nasdaq Clean Edge Smart Grid Infrastructure UCITS ETF, designed to provide diversified exposure for investors seeking access to the physical infrastructure segment of the clean energy revolution.