U.S. ETFs Arrive on ADX, Connecting Abu Dhabi and New York Markets

Why this Milestone Matters

“This was truly a great day,” Krane said. “We listed two funds here, KWEB and KRBN, creating a cross-listing that directly connects the New York Stock Exchange with Abu Dhabi.”

He highlighted the rapid growth of ADX, driven by rising participation from both institutional and retail investors. According to Krane, Abu Dhabi has increasingly positioned itself as a key ETF hub for the GCC.

“By connecting New York and Abu Dhabi, this marks the beginning of what we believe will be many more funds coming to the region,” he said. “It’s a historic moment.”

Why KWEB and KRBN Were the Right Fit

KraneShares, headquartered in New York City, specializes in ETFs spanning China, carbon credits, emerging technologies, and alternative strategies.

KWEB, the firm’s flagship ETF, is a $9 billion fund listed on the NYSE. It provides targeted exposure to China’s internet and technology ecosystem, including e-commerce, artificial intelligence, and consumer-driven platforms.

“We’ve seen strong interest in KWEB from Middle Eastern investors for years,” Krane explained. “Now that the fund is locally listed, investors can trade in their local currency and during their own market hours. That materially improves accessibility.”

KRBN, KraneShares’ global carbon credit ETF, was selected in response to growing regional demand for sustainability and climate-focused investment solutions.

“There is strong interest across the Middle East in carbon markets and climate investing,” Krane said. “KRBN directly addresses that demand.”

NYSE Recognizes Cross-Border ETF Milestone

“KraneShares has long been an important member of the NYSE ETF community and seeing two NYSE-listed ETFs expand their global footprint through a cross-listing on ADX underscores the growing interconnectedness of global capital markets,” said Jon Herrick, Chief Product Officer, NYSE Group. “We are thrilled to support initiatives that enhance access, deepen liquidity, and bring leading U.S.-listed products to investors around the world.”

Please note this article is for information purposes only and does not in any way constitute investment advice. It is essential that you seek advice from a registered financial professional prior to making any investment decision.