The asset manager registered Seraphim New Space Ucits ETF with the Central Bank of Ireland last week, it has been reported. It will launch its ETF via white-label issuer HANetf.

Citywire reports the new fund will invest in publicly listed companies helping build the new space economy. It will include a stake in Seraphim Space Investment Trust (SSIT), where former Virgin Galactic president Will Whitehorn serves as a non-executive chair. He played a major role in helping the trust float on the stock exchange.

SSIT predominantly holds investments in private businesses, specifically small space tech start-ups. The fund was the third-best investment trust last year with a 120.5% share price return, which has continued in 2026 with a 49.9% gain year-to-date.

Driven by these strong returns, its share price premium rose to a high of 54%, prompting the firm to raise £137m via a C share issuance and begin trading on May 12 at a price of 100p per share via a placing, subscription and retail offer.

Seraphim Space have been contacted for comment.