HANetf’s Uranium Miners ETF surpasses $30 million in AUM as nuclear power becomes increasingly favoured

03 November 2022

  • HANetf’s Uranium Miners ETF has surpassed $30 million AUM, after launching this Summer [1]
  • URNM provides exposure to physical uranium and uranium miners and was created in partnership with sector experts Sprott Asset Management
  • An increasing number of countries are looking to nuclear power to address their energy supply issues
  • Nuclear energy has the lowest carbon footprint of any clean energy source and many countries are turning to it as part of their energy transition strategy


November 2022, London


HANetf, Europe’s first independent white-label ETF and ETC platform, and leading provider of digital asset ETPs, is delighted to announce that Sprott Uranium Miners UCITS ETF (URNM) has now passed the $30 million assets under management (AUM) milestone for the first time.

URNM, which tracks the North Shore Sprott Uranium Miners Index, was launched in May and provides investors with a way to access the growth of nuclear power through exposure to uranium miners. Alongside uranium mining equities, the Uranium Miners ETF invests in physical uranium through investment trusts.

The Uranium Miners ETF was launched in partnership with Sprott Asset Management. Sprott are global experts in the uranium space, overseeing a US-listed sister uranium miners ETF with around $700 million AUM[2] and a physical uranium trust with almost $3bn AUM. [3]

Further to this, in July, the European Union agreed to classify nuclear energy as ‘green’, meaning that it can be considered as a valid contributor in the race to net-zero.[4] While nuclear energy is not renewable, its CO2 emissions per gigawatt-hour (GWh) are in fact lower than those of wind, solar, hydro, and biomass energies. As such, nuclear energy could be an ideal solution for countries that are looking to both secure their energy supply, and also reduce their carbon emissions.


Hector McNeil, co-CEO and co-Founder of HANetf comments:

“The ongoing energy crisis, and recent developments such as the suspicious damage to the Nordstream 1 and 2 pipelines, has highlighted the fragility of Europe’s energy supply. As we approach the Winter season, European leaders are determined to establish secure sources of electricity, while also adhering to their net-zero ambitions. Nuclear energy, it seems, provides an ideal solution.

“At HANetf we pride ourselves on bringing to the European market ETFs providing the solutions for a cleaner and greener world, be it wind and solar, sustainable gold and gold miners, physical carbon allowances, electric vehicle infrastructure – and importantly, nuclear energy, through our Uranium Miners ETF. HANetf provides a unique range clearly differentiated from the multiple “supermarket providers” out there. HANetf works with over 20 experts on 40+ ETPs and brings an aggregated scale model to the market and a market leading 12 week time to market.”

Please remember that the value of your investment may go down as well as up and past performance is no indication of future performance. When you trade ETFs, your capital is at risk.


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