Group 1 - The United States' reduced involvement in NATO is prompting European nations to enhance their defense capabilities, leading to increased defense spending and higher demand for critical minerals [1][2] - Global defense spending is projected to rise from approximately $2.7 trillion in 2024 to $6.38 trillion by 2035, reflecting an 8% compound annual growth rate (CAGR) [2] - Specialty metals are essential for advanced military hardware and alternative energy infrastructure, indicating a growing market for critical minerals [2][3] Group 2 - The rising demand for critical minerals like lithium, copper, and rare earths may result in supply constraints, creating long-term growth opportunities in critical minerals ETFs [3] - Drones, increasingly used in military applications, require rare earths and battery materials, further driving demand for critical minerals [4] - The Sprott Critical Materials ETF (SETM) is positioned to benefit from the anticipated growth in defense spending and energy transition materials [4][5] Group 3 - SETM offers diversification with nearly 90 holdings, including companies involved in the production of uranium, lithium, copper, and other critical minerals [5] - The ETF has global exposure, with holdings in Canada, the United States, Australia, and Chile, and includes a mix of large-, mid-, and small-cap companies [6]