HANetf Surpasses $7 Billion AUM Milestone Amid Surging Demand for Defence and Gold ETFs
28 MAY, 2025
Defence and Commodities Fuel Record Growth
HANetf, Europe’s only independent white-label UCITS ETF and ETC platform, has reached a significant milestone by surpassing $7.22 billion in assets under management (AUM), driven by $1.48 billion in net flows year-to-date. The firm, which also leads in digital asset ETP offerings, has more than doubled its AUM in the past year, cementing its position as one of Europe’s fastest-growing ETP issuers.
The surge in investor interest has been led by thematic exposure to defence and gold. The Future of Defence UCITS ETF (ticker: NATO) alone has amassed $2.31 billion AUM, with $1.15 billion in flows in 2025, reflecting geopolitical concerns and a rising appetite for military and cyber defence investments among European investors. HANetf also launched a complementary fund in April — the Future of European Defence UCITS ETF (ticker: ARMY) — which has quickly grown to €68.32 million AUM.
Meanwhile, on the commodity front, The Royal Mint Responsibly Sourced Physical Gold ETC (RMAU) continues to shine. Despite widespread outflows from gold ETCs in 2024, RMAU attracted $82.80 million in new investments this year, pushing its AUM to $1.29 billion. The ETC’s appeal lies in its focus on responsibly sourced and increasingly recycled gold, as well as recent launches of currency-hedged versions in GBP, EUR, and CHF, which together hold $104.35 billion.
Innovation in Active, Crypto, and Thematic Strategies
In parallel with its thematic success, HANetf has significantly diversified its product range. Its active ETF suite now comprises nine strategies with a combined AUM of $144.2 billion, following the launch of three new funds in 2025. Strategies include the Goshawk Global Balanced UCITS ETF (ROE), Guinness Sustainable Energy UCITS ETF (CLMA), and the YieldMax™ Big Tech Option Income UCITS ETF (YMAG), which employs options-based income strategies focused on technology equities.
HANetf also entered the leveraged crypto space with three new ETPs — 2x Long Bitcoin (2LBT), 2x Short Bitcoin (2SBT), and 2x Long Ethereum (2LET) — all listed on Nasdaq Stockholm. These products allow investors to take directional views on crypto markets using a regulated European platform.
Further expanding its commodity offerings, HANetf has launched Europe’s first physical uranium ETC, the Sprott Physical Uranium ETC (SPUT), adding to its existing lineup of nuclear and copper-focused ETFs developed in partnership with Sprott Asset Management.
Co-Founder and Co-CEO Hector McNeil emphasized the scalability and flexibility of the HANetf platform: “Our end-to-end solution lowers barriers to entry for asset managers wanting to reach European investors. We continue to prove that with the right infrastructure, there’s no asset class or structure we can’t support.”
With a robust pipeline of new strategies and strong investor momentum, HANetf is poised to continue redefining the European ETP landscape in the years ahead.
