Industry Updates

HANetf hits $1bn assets following rapid growth in bitcoin and gold ETPs

The white-label ETF platform has helped launch seven ETFs this year

Tom Eckett

a man in a suit

Europe’s first white-label ETF platform HANetf has hit $1bn assets under management (AUM) two years after launching its first ETF.

The firm, founded by CEOs Hector McNeil and Nik Bienkowski, has seen its AUM dramatically increase this year following investor demand for its bitcoin and gold strategies.

Having been the first crypto ETP to launch on the Deutsche Boerse in June, the BTCetc Bitcoin Exchange Traded Cryptocurrency (BTCE) has seen its assets jump to $252m after bitcoin’s record-breaking rally this year.

Furthermore, demand for gold this year has been strong amid the extreme market volatility in March with the Royal Mint Physical Gold Securities ETC (RMAU) hitting $385m AUM, as at 18 December.

Commenting on the milestone, McNeil (pictured) said: “HANetf’s success this year has largely been due to developing innovative new ETFs and ETCs that are capturing the interest and imagination of European investors.”

The white label provider has brought seven ETFs to market this year including a carbon-avoidance solutions ETF, the iClima Global Decarbonisation Enablers UCITS ETF (CLMA), and Europe’s first medicinal cannabis ETF, the Medical Cannabis and Wellness UCITS ETF (CBDX).

Overall, HANetf has helped ETF issuers launch 12 ETFs since coming to market including the $218m EMQQ Emerging Markets Internet and Ecommerce UCITS ETF (EMQQ) which has been one of the best performing ETFs in Europe this year returning 62%.

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