Sprott Asset Management launches the first Physical Uranium ETC in Europe

• HANetf and Sprott Asset Management have partnered to launch Sprott Physical Uranium ETC (ticker: SPUT), the first physical uranium ETC in Europe.
• SPUT aims to offer European investors a direct way to access uranium, a critical component of the accelerating nuclear renaissance.
• The new ETC marks the first product on HANetf’s new multi-asset ETC platform designed to round out the HANetf issuance platforms, enabling the company to support all asset classes and payout structures.
• The ETC is listed on London Stock Exchange, and will list on Xetra in March.

HANetf, Europe’s first and only independent white-label UCITS ETF and ETC platform, is delighted to announce the launch of Sprott Physical Uranium ETC (ticker: SPUT) in collaboration with Sprott Asset Management LP, one of the most respected names in precious metals and critical materials investments. The new ETC will allow European investors to gain exposure to physical uranium via the exchange-traded commodity (ETC) wrapper.

SPUT offers European investors a direct way to access uranium, a critical component of the accelerating nuclear renaissance. With countries worldwide increasing their focus on nuclear energy as a clean, reliable power source, and a dependable source of baseload power for AI data centres, uranium demand is surging, creating a significant supply-demand mismatch. This will be the first and only ETC providing exposure to the spot price of uranium.

HANetf has a strong history of collaboration with Sprott, having previously worked together on the highly successful Sprott Uranium Miners UCITS ETF (URNM), Europe’s largest uranium mining ETF , Sprott Junior Uranium Miners UCITS ETF (URNJ), and Sprott Copper Miners ESG-Screened UCITS ETF (CPPR). The new ETC further demonstrates the strength of the partnership and the versatility of the ETC wrapper in delivering innovative investment offerings to the European market.
This also represents HANetf’s first listing via its new multi-asset ETC platform. The ETC is listed on London Stock Exchange, and will be listed on Xetra in March.

John Ciampaglia, CEO of Sprott Asset Management, comments:

“We believe uranium has very compelling long-term fundamentals. As global energy and technology megatrends such as the resurgence of nuclear power, proliferation of energy-hungry AI data centres, and pursuit of net-zero goals continue, investor interest in uranium has grown.
“We are pleased to expand our already successful partnership with HANetf by offering European investors access to the convenient, transparent strategies in physical commodities that Sprott Asset Management is known for.”

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

“We are thrilled to partner once again with Sprott Asset Management to bring this unique ETC to market. SPUT is a testament to our shared commitment to innovation and providing investors with access to highly sought-after commodities. The launch also represents HANetf’s first listing on its new multi-asset ETC platform, designed to deliver solutions for investors seeking access to a wide range of asset classes.

HANetf not only allows its clients to issue European ETPs in a cost and time efficient manner, it also helps take their added value IP and content to European investors to support their investment decisions in these unique and exciting investment themes. Being part of the success of the original Gold ETC to bringing the first Uranium ETC is equally exciting and groundbreaking.”