Rising interest rates, the expectation for further aggressive monetary tightening, and a strengthening US dollar have caused the price of gold to slump and investors to make significant redemptions from gold-backed ETFs.

Franklin Templeton has launched a low-cost physically backed gold ETF in the US with all underlying bullion holdings sourced from ethical miners and refiners.

Gold ETFs recorded net outflows of $3.1 billion globally in May, reversing course after a four-month run of inflows that saw total gold ETF holdings fall just 1% shy of their all-time high.

SparkChange has cross-listed the first ETP providing physically-backed exposure to EU Allowances, the world’s foremost carbon credit, on Deutsche Börse Xetra and Borsa Italiana.

Direxion has launched an agricultural commodities ETF providing thematic exposure to ingredients commonly found in the most important meal of the day.

Teucrium Trading, a US-based issuer of commodity-focused ETFs, has launched a new fund providing actively managed exposure to a basket of agricultural futures.

Horizons ETFs has announced the upcoming launch of Canada’s first ETF to provide targeted exposure to the copper mining industry.

New York-based Global X has launched the first ETF in Europe to target companies operating within the silver mining industry.

KraneShares has expanded its ‘Climate Investment’ offering in the US by launching the first ETF globally to provide exposure to carbon offsets.

Toronto-based Sprott Asset Management is preparing to launch an ETF in Europe providing exposure to companies in the uranium mining industry.