ETFS Capital has acquired ETF.com, one of the world’s leading authorities on ETF news, from Cboe Global Markets.
The acquisition will see ETF.com join the firm’s portfolio alongside ETF Stream, the leading media brand for everything ETF-related in Europe, and market-leading alternative finance and fintech title AltFi.
Founded in 2001, ETF.com was acquired by Cboe – previously Bats – in 2016 and has since expanded its multi-media business with webinars, events, videos and podcasts.
Over the past two decades, the firm has witnessed the ETF ecosystem grow to $8trn assets under management (AUM) industry across over 6,500 ETFs.
Commenting on the acquisition, Graham Tuckwell (pictured), chairman of ETFS Capital, said: “The ongoing record growth of the global ETF industry is an incredible opportunity for an industry-leading resource like ETF.com.
“All participants want more effective and innovative ways to share, analyse and understand the evolution of the global ETF industry, so we are acquiring and further investing in ETF.com to make this a reality.
“ETF.com is also expected to benefit from the related businesses and expertise across our portfolio, covering data, analytics, index services and front office technology among others, to help unlock further innovation opportunities.”
Sam Ridley, managing director of ETF Stream and AltFi, added: “The long-term efficiencies of working alongside ETF.com for ETF Stream are very exciting. It increases the potential for us to do more for our readers and stakeholders, within the European ETF industry.”
ETFS Capital was created by ETF industry veterans including Tuckwell, an ETF industry pioneer who founded ETF Securities in 2003.