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Largest monthly inflows into Robotics ETPs since creation

Publicerad

8 år sedan

den

14 februari, 2017

Redaktionen

inflows into Robotics ETPs since creation Robotics ETP saw US$52m of inflows since the beginning of the month, the largest monthly inflows since.

ETF Securities Weekly Flows Analysis – Largest monthly inflows into Robotics ETPs since creation

Robotics ETP saw US$52m of inflows since the beginning of the month, the largest monthly inflows since its creation.
Energy ETPs outflows suggest investors are taking profits.
Cocoa prices have reached a multi-year low, becoming appealing for technical buyers. We saw US$5.6m of inflows last week.

Thematic equities such as Robotics and cyber security saw US$27.3m inflows last week. Robotics remain in favour, with inflows year-to-date totalling US$81m from which US$52m of inflows month-to-date.

Energy ETPs saw US$23.3m flows withdrawal last week as investors took profits. The International Energy Agency (IEA) said on Friday that oil supplies fell by around 1.5m barrels per day (bpd) last month, including by 1m bpd reduction from OPEC. The OPEC cut compliance of 90% of pledged oil output curbs in January. However, the massive increase in US crude oil imports (to a four and a half year high) and the trend increase in rig count in the US partly offset the reduction in oil supply, suggesting energy prices overextended recently. Investors took profits as there is a limited upward potential in prices over the medium term.

Inflows into gold ETPs continue as price returns to November 2016 levels. We saw US$8.2m inflows into gold ETPs as the price of gold briefly touched US$1240/oz (up from US$1220/oz the week before). The 10bps decline on 10yr US Treasuries yields at the beginning of last week supported gold. We believe that the high degree of geopolitical uncertainty will limit downward pressures on gold prices.

Strong inflows in cocoa of US$6.4m last week suggest tactical buying as price fell to a five-year low. The 6.3% price decline last week brought cocoa price to a five-year low at US$2338/ton. This price drop reflects a correction after a larger-than-expected production while the threat of the Harmattan (a dry and dusty wind) – initially expected to disrupt 50% of global production – did not materialise. We believe the current multi-year low in cocoa’s price is perceived as a buying signal by contrarian investors.

European corporate bonds ETFs saw US$4.3m outflows. We believe the ECB’s decision to reduce the amount of monthly bonds purchase by EUR20bn after April coupled with the highly uncertain outcomes from the upcoming presidential elections have weighed on investor interest in European corporate bonds. The French far-right Presidential candidate, Le Pen, who is currently in second place according to recent polls, has promised the return of the French franc, threatening a redenomination of EUR1.7bn of French debt into francs if she were elected with the potential to default.

Video Presentation

Morgane Delledonne, Fixed Income Strategist at ETF Securities provides an analysis of last week’s performance, flow and trading activity in commodity exchange traded products and a look at the week ahead.

For more information contact

ETF Securities Research team
ETF Securities (UK) Limited
T +44 (0) 207 448 4336
E info@etfsecurities.com

Important Information

General

This communication has been provided by ETF Securities (UK) Limited (”ETFS UK”) which is authorised and regulated by the United Kingdom Financial Conduct Authority.

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2025 Begins: Insights, Market Update Dec.24 and ETPs Performance Attribution

Publicerad

3 timmar sedan

den

9 januari, 2025

Redaktionen

Happy New Year! On behalf of the Hashdex team, I wish you success and prosperity in 2025. As we enter the new year, we are filled with optimism about the opportunities ahead in the crypto asset market. The current market dynamics, regulatory advancements, and increasing institutional adoption continue to strengthen the foundation for growth. At the core of our outlook lies the stronger investment case for crypto index strategies—an effective way to capture the evolving opportunities in this dynamic asset class.

Notably, since the US elections, our Multi-Crypto Index ETPs have been outperforming Bitcoin, demonstrating the value of diversified exposure in this bull cycle.

Explore our latest insights:

• 2025 Crypto Investment Outlook
• Latest CIO Notes: Which Crypto Assets Will Outperform Bitcoin in 2025?

Below is our 2024 December market update and performance attributions for our Crypto Index ETPs.

Hashdex Crypto Index ETPs: performances (USD) as of end of December 24

• Beta Index ETP – Nasdaq Crypto Index ETP (HASH or HDX1) (largest Crypto Index ETP): December: -3.66%, 2024 +101%.
•
• Smart-Beta Index ETP – Crypto Momentum Index ETP (HAMO or HDXM): December: -7.72%, 2024 +51%.

Market Update – December 24

December started strong, with the Nasdaq Crypto Index (NCI) climbing nearly 10% by mid-month, driven by optimism surrounding pro-crypto sentiment in the U.S. administration and strong inflows into Ethereum ETFs. However, the Federal Reserve’s December 18 announcement—indicating fewer-than-expected rate cuts in 2025—triggered a trend reversal across risk assets. The NCI ended December down 4%, but the year concluded with a +101% gain.

As highlighted in our CIO’s December Notes, we are firmly in a crypto bull cycle. Altcoins historically outperform Bitcoin in these cycles, and the NCI’s continued outperformance of BTC further signals this trend. Over the past three months, the NCI has returned +47.9%, compared to BTC’s +43.1%.

Nasdaq Crypto Index (NCI) and Crypto Momentum Index (HAMO) relative to other asset class in December 24

Source: Hashdex, as of 31/12/24, HAMO for Crypto Momentum Index, the underlying of HAMO ETP.

Despite December’s pullback, crypto remains a high-growth investment category, with strong fundamentals supporting further outperformance in 2025.

Performance Attribution

Nasdaq Crypto Index (NCI)

XRP led the month’s performance, rising over 10% due to regulatory optimism. Meanwhile, November’s top-performing assets, including Solana, Cardano, and Avalanche, saw corrections of ~20%. Bitcoin and Ethereum, the largest NCI constituents, fell by 3.7% and 10.0%, respectively.

Source: Hashdex, as of 31/12/24.

Crypto Momentum Factor Index

The Crypto Momentum Factor Index closely matched Bitcoin’s performance in December, bolstered by XRP’s 13.9% rise, which accounts for ~20% of the index. Since the U.S. elections, the index has seen a 53.7% increase, reinforcing its tactical edge in capturing bullish trends.

Source: Hashdex, as of 31/12/24.

Correlation (3m) to traditional asset classes

Source: Hashdex, as of 31/12/24. NCI for Nasdaq Crypto Index.

Hashdex Nasdaq Crypto Index ETP (HASH)

Broad exposure to Bitcoin, Ethereum, and altcoins with quarterly rebalancing – evolutive basket reflecting market capitalisations

Largest Crypto Index ETP in Europe, AUM +$400m

ISIN: CH1184151731 / Tickers: HASH (SIX and Euronext) or HDX1 (Xetra) – tradable in USD, EUR, CHF and GBP

Current allocation:

Hashdex Crypto Momentum Factor ETP (HAMO)

Momentum Factor-driven allocation with monthly rebalancing

ISIN: CH1218734544 / Tickers: HAMO (SIX and Euronext) or HDXM (Xetra) – tradable in USD, EUR, CHF and GBP

Current allocation:

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Börshandlade produkter som ger exponering mot kryptovalutan INJ

Publicerad

4 timmar sedan

den

9 januari, 2025

Redaktionen

I denna text tittar vi närmare på olika börshandlade produkter som ger exponering mot kryptovalutan INJ. Precis som för många andra kryptovalutor och tokens finns det flera olika börshandlade produkter som spårar INJ. Vi har identifierar två stycken sådana produkter.

De olika produkterna skiljer sig en del åt, en del av emittenter av ETPer arbetar med så kallad staking för vissa kryptovalutor, vilket gör att förvaltningsavgiften kan pressas ned. Det är emellertid inte så att alla dessa börshandlade produkter är identiska varför det är viktigt att läsa på.

Börshandlade produkter som ger exponering mot kryptovalutan INJ

Precis som för många andra kryptovalutor och tokens finns det flera olika börshandlade produkter som spårar INJ. Det finns faktiskt två börshandlad produkter som är noterade på svenska börser vilket gör att den som vill handla med dessa slipper växlingsavgifterna, något som kan vara skönt om det gäller upprepade transaktioner i olika riktningar.

För ytterligare information om respektive ETP klicka på kortnamnet i tabellen nedan.

Namn	Ticker	Valuta	Utlåning	Staking	ISIN	Avgift
Valour Injective (INJ) SEK	VALOUR INJ SEK	SEK	Nej	Nej	CH1108679312	1,90%
21Shares Injective Staking ETP	AINJ	USD	Nej	Nej	CH1360612134	2,50%

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QUED ETF fokuserar på europeiska kvalitetsaktier med höga ESG-betyg

Publicerad

5 timmar sedan

den

9 januari, 2025

Redaktionen

BNP Paribas Easy ESG Quality Europe UCITS ETF (QUED ETF) med ISIN LU1481201611, strävar efter att spåra BNP Paribas Quality Europe ESG-index. BNP Paribas Quality Europe ESG-index spårar aktier med en hög kvalitetsfaktor från länder i Europa. Aktierna som ingår filtreras enligt ESG-kriterier (miljö, social och bolagsstyrning).

Den börshandlade fondens TER (total cost ratio) uppgår till 0,32 % per år. BNP Paribas Easy ESG Quality Europe UCITS ETF är den billigaste ETF som följer BNP Paribas Quality Europe ESG-index. ETFen replikerar resultatet för det underliggande indexet syntetiskt med en swap. Utdelningarna i ETFen delas ut till investerarna (Årligen).

BNP Paribas Easy ESG Quality Europe UCITS ETF är en mycket liten ETF med 5 miljoner euro under förvaltning. Denna ETF lanserades den 31 januari 2017 och har sin hemvist i Luxemburg.

Handla QUED ETF

BNP Paribas Easy ESG Quality Europe UCITS ETF (QUED ETF) är en europeisk börshandlad fond. Denna fond handlas på flera olika börser, till exempel Deutsche Boerse Xetra och Euronext Paris.

Det betyder att det går att handla andelar i denna ETF genom de flesta svenska banker och Internetmäklare, till exempel DEGIRO, Nordnet, Aktieinvest och Avanza.