Themes Transatlantic Defense ETF

NATO

Market cap $108M

NATO has weathered another storm from Donald Trump but European members of the military alliance are bracing for more turbulence ahead in relations with the U.S. president.

Disagreements between U.S. President ​Donald Trump and ‌other NATO leaders showed the alliance's democratic ​strength and should ​serve as a lesson ⁠for Russian ​President Vladimir Putin, NATO ​boss Mark Rutte said on Wednesday after a ​summit in ​Ankara.

NATO ​leaders plan to unveil arms deals worth tens of billions of dollars in Turkey's capital Ankara on Tuesday to show they are heeding U.S. calls to ‌spend more to defend Europe before joining President Donald Trump for a summit.

NATO leaders will gather in Ankara for a summit on Tuesday and Wednesday, amid pressure from President Donald Trump for Europe to step up defence spending and following months of transatlantic friction over the Iran war and Greenland.

NATO leaders gather next week in Ankara, where Europeans aim to set aside strife with U.S. President Donald Trump over Iran and Greenland ​and show they are stepping up to defend the continent as Washington cuts back on its commitments to the alliance.

Vancouver, British Columbia – TheNewswire - June 24, 2026 – North Atlantic Titanium Corp. (CSE: NATO) (OTCQB: NATQF) (FSE: Y33) (“North Atlantic Titanium,” or the “Company”) is pleased to announce that its common shares have been approved for uplisting from the OTCPK to the OTCQB Venture Market (“OTCQB”), effective June 24, 2026, and that the Company has received DTC eligibility. The Company will continue to trade under the symbol “NATQF” on the OTC, “NATO” on the Canadian Securities Exchange and “Y33” on the Frankfurt Stock Exchange. The OTCQB serves as a premier trading platform for emerging companies, offering greater visibility, liquidity, and transparency to United States investors. Companies must meet stringent financial and regulatory requirements, including annual verification, management certification, and compliance with U.S. securities laws.

NATO's top military commander ​on Thursday highlighted ‌the importance of battlefield data processing ​in modern warfare, ​pointing to conflicts in ⁠Ukraine and ​the Middle East.

NATO's defense ministers committed to spending at least 2.5% of GDP on defense, with Poland, the Baltics, and Greece already running above 4%, and the alliance has set a target of 5% of GDP on defense spending by 2035.

Themes Transatlantic Defense ETF is rated Hold due to elevated valuations and decelerating growth among top holdings despite recent outperformance. NATO's cap-weighted structure concentrates exposure in U.S. defense giants like RTX, GE, and Boeing, all facing valuation and growth headwinds. High government debt in NATO countries is likely to constrain further defense spending growth, limiting upside even amid geopolitical instability.

The Themes Transatlantic Defense ETF is riding a surge in defense spending that hasn't been seen for years, maybe decades.