Sprott Asset Management LP announced on March 17, 2025, that NYSE Arca has filed an application with the Securities and Exchange Commission (SEC) to list and trade the trust units of the Sprott Physical Copper Trust (COP). This filing aims to achieve a dual-listing for COP units on both the TSX and NYSE Arca.
The proposed U.S. listing is expected to provide U.S. investors with easier access to the only exchange-listed physical copper fund. Copper is identified as a critical material essential for meeting growing demand in electricity generation, distribution, and storage.
This strategic move by Sprott seeks to enhance the liquidity and visibility of the Sprott Physical Copper Trust, potentially attracting a broader investor base. The listing is subject to SEC approval and the effectiveness of a registration statement.
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