HANetf Says AUM Tops $2 Billion Up 85% Since Start of Year Aided by Bitcoin ETF

HANetf, described as Europe’s first full-service white label UCITS ETF issuer, says it has topped $2 billion in assets under management (AUM) as of last week. HANetf reports that it now has an AUM of £2.22 billion – a whopping increase of 85% since the beginning of 2021.

In the past year, HANetf says it has launched 7 new products to market including a carbon avoidance solutions ETF, a gold ETC with The Royal Mint, medical cannabis ETF, Europe’s first 5G ETF,  North American midstream energy and the World’s first Shariah-compliant global equity active ETF. Additionally, HANetf launched an exchange-traded Bitcoin ETP and Bitcoin has boomed since the beginning of the year..

Hector McNeil, co-CEO of HANetf, commented:

 “With increased volatility in Bitcoin, we have seen phenomenal demand for BTCE, our exchange traded Bitcoin ETC which has just surpassed $1billion assets under management.  Institutional investors are now taking Bitcoin seriously and seeing it as a safe haven and rushing to products like BTCE that offer access to Bitcoin with all the regulatory protections of an exchange trade product.  Global investors are flocking to Bitcoin ETFs like BTCE as other Bitcoin access instruments such as US Trusts and futures can often trade at significant premiums.”

The Medical Cannabis and Wellness UCITS ETF, CBDX, which was launched in January 2020, is said to be the first European cannabis ETF to break through the $50m AUM figure.

McNeil added they have more than 10 new ETFs in the queue that are expected to launch in the first half of this year.

“We set out to be the ‘valued-added ETF issuer’ offering differentiated products with a view to offering market leading asset managers, brands with great intellectual property to gain time and cost efficient entry to the UCITS ETF market. This landmark proves the tyres have been well and truly kicked on the model. Our end vision of being the World’s first multi-manager ETF platform is well underway.”


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