HANetf research reveals three out of four wealth managers and IFAs expect to increase their exposure to cryptocurrencies

European white label ETP platform HANetf has published its first Digital Assets & Crypto Review, covering the first half of 2022.

Electronic platform Tradeweb Markets has reported total trading volume for August 2022 of USD23.4 trillion. Average daily volume (ADV) for the month was USD1.02 trillion, an increase of 13.0 per cent year-over-year (YoY).

Crypto asset manager Hashdex has announced its Hashdex Nasdaq Crypto Index Europe ETP is now tradable on the Euronext Paris and Euronext Amsterdam under the ticker symbols HASH FP and HASH NA, respectively, and on Xetra under the ticker symbol HDX1 GY.

Digital asset-backed ETP issuer ETC Group has announced that it will list a new ETP on XETRA based on the imminent hard fork of Ethereum and ETHW (the native asset to the new ETHPoW chain). The expected listing date will be 16th September, following the fork event.

According to new data released by the World Gold Council, global gold-backed ETFs recorded net outflows of USD2.9 billion in August, as a two-decade high in the US dollar and higher rates again proved to be headwinds for gold price.

ETF issuer VanEck has listed the VanEck Genomics and Healthcare Innovators UCITS ETF on the London Stock Exchange and the German Xetra Stock Exchange. The firm writes that the new ETF allows investors to invest in a combination of two of the most important themes in the healthcare industry: Genomics and digitalisation.

Legal & General Investment Management (LGIM) has today announced the expansion of its ETF range with the launch of four new investment strategies.

Global X ETFs, the New York-based provider of ETFs, has announced the launch of the Global X Disruptive Materials UCITS ETF (DMAT). DMAT will be listed on London Stock Exchange, Deutsche Börse Xetra and Borsa Italiana.

Swiss-based crypto firm, 21.co, has announced a USD25 million round led by Marshall Wace. The firm writes that this round of funding values the business at USD2 billion, making 21.co Switzerland’s largest crypto unicorn.

Cerulli Associates writes that European investors’ appetite for active ETFs is growing as the usefulness of these tools in portfolio management gains wider recognition. However, concerns and barriers remain, the firm says.