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What is a lithium etf?
Lithium ETF refers to trading open index fund, that is, lithium exchange traded fund. The world's first lithium index fund (ETF-global lithium ETF NYSE Arca: LIT) was listed on new york Stock Exchange NYSE Arca on July 23, 2007. The fund's benchmark index Solactive Global Lithium Index tracks the world's major lithium battery manufacturing, lithium mine mining and refining enterprises. LIT consists of 20 constituent stocks with a total market value of $29.8 billion.

According to the data of ETF.com, an industry website, since Xinhua News Agency reported that China was considering setting a timetable to ban the sale of fuel vehicles, by the close of the US stock market, global investors * * * had invested about US$ 6,543,800+43 million in the global X lithium battery technology ETF (LIT). In just one day, the inflow was $49.8 million, equivalent to nearly 10% of the fund's current scale of $65,654.38 billion.

ETF is the abbreviation of exchange traded fund, which is translated into "transactional open index fund" in Chinese, also known as exchange traded fund. It is an open-end fund with variable fund share, which is listed and traded on the exchange.