Sprott to Add Physical Copper Allocation to Its Copper Miners ETF (COPP)
SprottSprott(US:SII) Globenewswire·2025-05-21 11:00

Core Viewpoint - The Sprott Copper Miners ETF (COPP) will include a 4.75% allocation to physical copper, making it the only ETF providing investment exposure to physical copper alongside copper mining equities [1][2][3] Group 1: ETF Modification - Effective June 23, 2025, the Nasdaq Sprott Copper Miners Index (NSCOPP) will be modified to include a 4.75% allocation to physical copper through the Sprott Physical Copper Trust [2] - This modification aims to enhance investment opportunities in the copper sector, which is critical for meeting global energy demands [3] Group 2: Market Positioning - COPP will be the only ETF that offers pure-play exposure to large-, mid-, and small-cap copper miners, alongside physical copper [1][3] - The addition of physical copper is expected to provide unprecedented access to this essential metal, which is increasingly important in the context of rising energy needs [3] Group 3: Sprott's ETF Family - COPP is part of Sprott's expanding range of critical materials and precious metals ETFs, which also includes ETFs focused on uranium, lithium, and nickel [4] - The Sprott ETFs aim to track the performance of various indices related to critical materials, providing diverse investment options in the natural resources sector [4]