ETC Group collaborates with HANetf to launch Europe's first Web 3.0 ETF

ChainCatcher news, according to Fund Europe, digital asset ETP provider ETC Group has partnered with ETF provider HANetf to launch the ETC Group Web 3.0 Ucits ETF, which is the first Web 3.0 ETF in Europe. This ETF targets 20 companies in the Web3 space, including types such as NFTs and tokenization, blockchain technology, the metaverse, big data, and artificial intelligence.

The ETF falls under Article 8 of the Sustainable Finance Disclosure Regulation (SFDR), incorporating environmental and social factors into its index methodology. It tracks the Solactive ETC Group Web 3.0 Index, which is ESG-screened and employs AI-driven construction to ensure its relevance in the rapidly evolving industry.