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Asset Management / Wealth Management
Global X launches three innovation ETFs on Nasdaq
Latest funds offer targeted exposure to blockchain, agtech and hydrogen themes
The Asset 15 Jul 2021

New York-based Global X ETFs, a member of the Mirae Asset Financial Group, has launched three exchange-traded funds (ETFs) on Nasdaq, the latest additions to its thematic growth family, which offers investors targeted exposure to companies around the world driving long-term, paradigm-shifting themes.

The Global X Blockchain ETF (BKCH), the Global X AgTech & Food Innovation ETF (KROP), and the Global X Hydrogen ETF (HYDR) bring the firm’s total number of thematic growth funds to 30 ETFs, representing more than US$18 billion in assets under management. 

“The thematic landscape is constantly evolving, as technological innovation proceeds at a torrid pace, consumer and demographic trends continue to morph in the wake of the pandemic, and a changing relationship with the planet places a greater emphasis on sustainability,” says Jay Jacobs, head of research & strategy at Global X. “With these latest launches, we’re continuing to expand our industry-leading thematic offerings to include three additional emerging and powerful themes: the accelerating adoption of blockchain technology and digital assets, advancements in agriculture to sustainably meet rising food demand, and the emergence of hydrogen as a clean fuel.”

The Global X Blockchain ETF seeks to invest in companies positioned to benefit from the increased adoption of blockchain technology, including companies in digital asset mining, blockchain & digital asset transactions, blockchain applications, blockchain & digital asset hardware, and blockchain & digital asset Integration. The fund will track the Solactive Blockchain Index.

The Global X AgTech & Food Innovation ETF seeks to provide investors with efficient and targeted exposure to various agtech & food innovation sub-themes that are expected to shape the future of agriculture and food systems as the world shifts to more sustainable consumption and production patterns, including precision agriculture, agricultural robotics and automation, agricultural biotechnology, and protein & dairy alternatives. It tracks the Solactive AgTech & Food Innovation Index,

The Global X Hydrogen ETF, which tracks the Solactive Global Hydrogen Index, seeks to invest in companies that are positioned to benefit from further advances in the field of hydrogen technology. 

The three ETFs have a total expense ratio of 0.50% each. 

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