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Sprott Critical Materials ETF Reaches $100 Million in Assets
NEW YORK, Oct. 14, 2025 (GLOBE NEWSWIRE) -- Sprott Asset Management USA, Inc. today announced tha...
About this update from Metalite Resources Inc
[{"type":"text","content":"Sprott Critical Materials ETF Reaches $100 Million in AssetsThe Only* ETF to Provide Pure-Play† Exposure to a Broad Range of Critical Materials and Mining Equities Essential to Meeting Growing Energy Demand\n\n\n\n NEW YORK, Oct. 14, 2025 (GLOBE NEWSWIRE) -- Sprott Asset Management USA, Inc. today announced that its Sprott Critical Materials ETF (Nasdaq: SETM) (“SETM”) reached $100 million in assets under management as of September 23, 2025. SETM is the only* ETF to provide pure-play† exposure to a broad range of critical materials and mining equities essential to meeting growing demand for energy generation, transmission and storage. These critical minerals, metals and raw materials include uranium, copper, lithium, nickel, cobalt, graphite, manganese, rare earths and silver.\n \n\n “As the gap between supply and demand of materials essential to electrification continues to grow, nations around the world are focusing on energy security and resource nationalism. They’re working to secure sources of materials, and we believe this is driving investment opportunities,” said John Ciampaglia, CFA, FCSI, Chief Executive Officer, Sprott Asset Management. “SETM provides exposure to a wide range of the critical materials sector with the convenience of a single ETF .”\n \n\n SETM’s index uses a methodology that seeks pure-play exposure to each critical material. To be eligible for inclusion in the index, each company must have or expect to have a majority of its business operations related to critical materials. In addition, SETM focuses on companies involved in mining, exploration, development, production, recycling, refining, or smelting of critical materials, making them upstream in the critical materials supply chain. These companies may be well-positioned to benefit from the investment in the critical materials necessary to meet rising global demand for electricity.\n \n\n SETM is part of the Sprott Critical Materials ETFs, a suite of seven ETFs that combine the flexibility, transparency, liquidity and potential tax efficiency of an ETF with exposure to a variety of critical materials and their miners. The suite includes:\n \n\n\n\n\n Sprott Critical Materials ETFs\n \n\n\n\n\n\n Sprott Critical Materials ETF\n \n\n\n\n Nasdaq: SETM\n \n\n\n Seeks to provide invest...