Sprott Nickel Miners ETF

Nickel goes into stainless steel and, increasingly, the batteries that power electric vehicles, and NIKL is a pure bet on the companies that dig it up. The fund tracks the Nasdaq Sprott Nickel Miners Index, holding around thirty global miners and processors that earn most of their revenue from nickel, from large diversified producers to smaller exploration and development plays. Sprott launched it in 2023 as part of a lineup of critical-minerals funds aimed at the energy transition. Because it owns miners rather than the metal itself, the fund gives amplified exposure to nickel prices - producer profits swing more than the commodity - and it is concentrated and volatile, with heavy weightings in a few large names and in mining jurisdictions like Indonesia, Australia and Canada. Investors use it to bet on rising nickel demand from batteries and industry.

On MyRWA, NIKL trades tokenized across 2 on-chain venues - see the listings below.