Global ETF launches 25.03-01-04.21
Sustainability was once again the theme of the week, with the listing of two new ETFs focussed on the hydrogen sector: the VanEck Vectors Hydrogen Economy UCITS ETF on the London Stock Exchange, and the Direxion Hydrogen ETF (HJEN) giving exposure to clean hydrogen economy companies. UBS Asset Management launched a suite of equity ETFs aligned with the standards of the Paris Climate Agreement, and Amundi listed two new ETFs with an ESG focus on Xetra. Blackrock also expanded its iShares fixed income ETF range with two new funds providing exposure to green bonds, and GraniteShares launched the world’s first leveraged single stock ETPs on NIO, an electric vehicle maker known as the ‘Chinese Tesla’. Elsewhere, ARK turned its attention to the skies with its Space Exploration & Innovation ETF (ARKX) focussing on companies engaged in space exploration and innovation. Finally, crypto remains key with a new VanEck ETN listed on Xetra and Borse Frankfurt that provides investors with access to ether without having to set up a crypto wallet.