Crypto specialist ETC Group has partnered with ETF provider HANetf to launch the ETC Group Web 3.0 Ucits ETF in Europe. The fund will focus on around 20 companies exposed to four key themes of Web3’s growth: NFTs and tokenisation, blockchain technology, metaverse, and big data and AI. The strategy is Article 8 compliant under the Sustainable Finance Disclosure Regulation.
The launch of the ETC Group Web 3.0 Ucits ETF marks a significant development in the cryptocurrency market. This ETF is believed to be the first of its kind in Europe and aims to provide investors with exposure to the emerging Web 3.0 sector. The fund will invest in companies that are at the forefront of Web3's growth, including those involved in NFTs, tokenisation, blockchain technology, the metaverse, and big data and AI.
The partnership between ETC Group and HANetf brings together the expertise of both companies in the cryptocurrency and ETF industries. ETC Group is a crypto specialist, while HANetf is an ETF provider. By combining their knowledge and resources, they aim to offer investors a unique and innovative investment opportunity in the Web 3.0 space.
The ETC Group Web 3.0 Ucits ETF is designed to be compliant with Article 8 of the Sustainable Finance Disclosure Regulation. This means that the fund takes environmental, social, and governance (ESG) factors into account in its investment strategy. By adhering to these standards, the ETF aims to attract investors who prioritize sustainable and responsible investing.
Overall, the launch of the ETC Group Web 3.0 Ucits ETF in Europe represents a significant step in the integration of cryptocurrencies and traditional financial markets. It provides investors with a regulated and accessible way to gain exposure to the growing Web 3.0 sector, while also considering ESG factors in their investment decisions. [d8b3a9f8]