Todd Sohn, CMT of Strategas, a provider of institutional macro research, has commented on the mid May markets, writing that nearly 90 per cent of days YTD have seen the S&P 500 daily trading range exceed a 1 per cent threshold.

A new ETF issued by Global X has been tradable on Xetra and via Börse Frankfurt, the Global X Silver Miners UCITS ETF gives investors access to companies worldwide that are active in the silver mining industry.

ESG and crypto dominate the global ETF launches again this week, with 21Shares bringing us an ETP that combines bitcoin and gold and ETC Group launching an XRP-backed ETC on Xetra.

European ETF white labelling firm HANetf is listing the Sprott Uranium Miners UCITS ETF (ticker: URNM) on the London Stock Exchange (LSE). The ETF will be passported for sale across Europe. 

Digital ETP issuer 21Shares AG has announced the listing of the 21Shares ByteTree BOLD ETP (BOLD) on the SIX Swiss Exchange, the world’s first ETP that combines bitcoin and gold.

 
Sprott Inc and Sprott Funds Trust have jointly announced that Sprott Asset Management LP, a wholly-owned subsidiary of Sprott, has completed the acquisition of certain assets relating to managing the North Shore Global Uranium Mining ETF (“URNM”), to which Exchange Traded Concepts, LLC acted as the investment adviser. 

ETF provider WisdomTree has expanded its commodities ETP range with the launch of a pair of thematic metal ETPs providing exposure to energy transition and battery themes. 
 

Perth, Western Australia-based Optica Capital has announced the launch of its first ETF, the Rare Earths and Critical Materials ETF (NYSE: CRIT).

Christopher Gannatti, Global Head of Research, WisdomTree has written a note on how Artificial Intelligence could help find metals needed for the electric-vehicle boom.

Gold, traditionally the resort of the nervous in unsettled markets, has not been providing its usual glister over recent months.