HANetf closes DTOX and BETS ETFs
HANetf is to close the Cleaner Living ESG-S UCITS ETF (ticker: DTOX) and Fischer Sports Betting & iGaming UCITS ETFs (ticker: BETS).
The firm writes that they were below the minimum assets under management threshold to be economically viable. The closure comes after a regular review of the product range on its white label ETP platforms including where they are listed for trading and distributed.
The firm writes that product closures are not unusual in the ETF and mutual fund industry whereby providers will regularly review their product offerings to ensure they remain relevant for investors.