CSOP Asset Management is set to launch Hong Kong’s first inverse commodity ETP with a strategy that will allow investors to effect a bearish position on gold.

KraneShares has expanded its carbon market offering with the launch of a pair of ETFs targeting cap-and-trade carbon allowances in Europe and California.

abrdn, formerly Aberdeen Standard Investments, has expanded its range of commodity ETFs with a new fund providing low-cost exposure to a basket of industrial metals. The abrdn Bloomberg Industrial Metals Strategy K-1 Free ETF (BCIM US) has been listed on NYSE Arca with an expense ratio of just 0.39%.

Specialist crypto ETP provider ETC Group has unveiled its fourth product – the BCHetc – ETC Group Physical Bitcoin Cash (BTCH GY). Listed on Deutsche Börse Xetra, the ETP provides institutional investors with fully backed exposure to bitcoin cash.

The Global Palladium Fund has launched the GPF Carbon Neutral Nickel ETC (NIC0 AV), the world’s first carbon-neutral physically backed nickel ETC, on Wiener Börse (the Vienna Stock Exchange).

Nornickel has reduced the total expense ratio on its ultra-low-cost physical gold ETP, the GPF Physical Gold ETC (TGLD LN), from 0.145% to 0.12%.

The Global Palladium Fund has cross-listed its physically backed copper and nickel ETCs, the GPF Physical Copper ETC (0IIE GY) and GPF Physical Nickel ETC (0IIF GY), on Deutsche Börse Xetra.

European investors are ramping up their allocations to broad basket commodity and industrial metal ETPs, according to financial research firm Cerulli Associates.

BlackRock has cross-listed the $13.5bn iShares Physical Gold ETC (PPFB GY) on Xetra.

WisdomTree has expanded its commodities product range with the launch of the WisdomTree Enhanced Commodity ex-Agriculture UCITS ETF – EUR Hedged (EXAG GY) on Xetra.