ETFMG announced that the ETFMG Breakwave Sea Decarbonization Tech ETF will begin trading on the New York Stock Exchange. This is the world’s first green technology shipping ETF.
BSEA aims to provide investors access to a diversified set of global companies involved in actively reducing the environmental impact of the global maritime sector.
BSEA is a key step towards capitalizing on the ocean decarbonization transition by providing investors with an easy way to track the performance of publicly-traded sector leaders backed by comprehensive research and analytics
stated John Kartsonas, Founder and Managing Partner of Breakwave Advisors.
BSEA provides exposure to companies involved in developing and commercializing technologies that could benefit from the growth of new sector initiatives aiming to combat the environmental impact of the global maritime sector.
Shipping will always remain a major part of the global economy, while the decarbonization transition will provide considerable investment opportunities that are still in their infancy
said Hal Malone, Principal of Sea/Switch Partners.
Furthermore, Matt McCleery, President of Marine Money, added that the launching of the Index “marks the beginning of an important journey.”
