The Sprott Nickel Miners ETF is an exchange-traded fund engaged in the business of tracking stock price changes of companies related to the global nickel industry. The fund's assets are primarily invested in publicly traded enterprises conducting nickel exploration, mining, and refining. The product does not directly hold physical metal, aiming to provide the market with a securitized trading vehicle that reflects overall market value fluctuations of companies within the stainless steel and battery metals supply chain.