Energy

Hydrogen ETF aims to seize on $11 trillion opportunity: Defiance CIO

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Hydrogen energy may be on the cusp of a prolonged heyday.

A new hydrogen and fuel cell-based ETF, the Defiance Next Gen H2 ETF (HDRO), has already accrued $2.85 million in net assets since its launch last week — and this is likely just the beginning, Sylvia Jablonski, chief investment officer at Defiance ETFs, said in a Monday interview with CNBC’s “ETF Edge.”

“As natural reserves dwindle and the populations grow, there’s this need to find a clean, sustainable energy solution that’ll meet our energy demands,” Jablonski said. “None of the existing alternative energy sources out there now like solar, wind or biomass are able to provide sufficient, cost-effective energy supply.”

That’s where…



Source cnbc.com

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