About Sprott Nickel Miners ETF (NIKL)

INSTRUMENT_SUMMARY: Sprott Nickel Miners ETF (NIKL) is an exchange-traded fund that focuses on investing in companies involved in the production and exploration of nickel. The ETF aims to provide investors with exposure to the global nickel mining industry. NIKL seeks to track the performance of the Solactive Global Nickel Miners Index, which includes companies that generate at least 50% of their revenue from nickel mining-related activities. The fund holds a diversified portfolio of stocks in the nickel mining sector, providing investors with an opportunity to benefit from potential growth in the industry.

Sprott Nickel Miners ETF (NIKL) has shown a volatile price history in recent years. The ETF experienced a significant increase in its price in early 2021, driven by the rising demand for nickel due to its use in electric vehicle batteries. However, the price of NIKL has also faced fluctuations due to factors such as changes in global nickel prices, supply and demand dynamics, and market sentiment.