Home News Uranium ETFs Could See Growth

Uranium ETFs Could See Growth

As the Russian invasion on Ukraine continues uranium is becoming more sought after, boosting prices. One of Russia’s close allies Kazakhstan is the leading provider for uranium mining 45% of the total and this leads to difficulties in the supply chain. With that said the two largest ETFs in uranium are the Global X Uranium ETF (URA) and the Sprott Uranium Miners ETF (URNM).

ETF Newz Says:

As uranium becomes increasingly important for nuclear energy prices will rise and holding ETFs could follow.