According to Odaily, digital asset ETP provider ETC Group and ETF provider HANetf are set to collaborate on the launch of the ETC Group Web 3.0 Ucits ETF. This ETF is reported to be the first of its kind in Europe, with its primary objective being to provide support for companies dedicated to promoting the expansion of Web3.
The ETF is currently involved in four major areas, including NFTs and tokenization, blockchain technology, the metaverse, and big data and artificial intelligence. The collaboration between ETC Group and HANetf aims to provide a platform for these companies to continue their work in these areas, thereby contributing to the growth and development of Web3 in Europe.
This initiative is a significant step in the digital asset space, as it marks the first time an ETF dedicated to Web3 has been launched in Europe. It also highlights the growing interest and investment in the Web3 space, particularly in the areas of NFTs, blockchain technology, the metaverse, and big data and AI.