ChainCatcher reported that 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, Europe's first Web 3.0 ETF. The ETF targets 20 companies in the Web 3 field, including NFT and tokenization, blockchain technology, 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 constructed using AI-driven methods to ensure it remains relevant in a rapidly evolving industry.