Skipo lets you invest in copper in Chile through COPXx (the tokenized version of the Global X Copper Miners ETF, which brings together the world's leading copper miners) commission-free, directly in pesos and from CLP 1,000, on a platform registered with the CMF. You buy 100% from the app, with instant settlement, and COPXx can be bought and sold 24 hours a day, Monday to Friday, even outside Wall Street hours.
What will we cover in this guide?
In this guide we explain what COPXx is and how it lets you invest in the world's copper miners with a single instrument, why copper is key to electrification and the age of artificial intelligence, what role Chile plays as the planet's largest producer, what it means to be able to trade COPXx 24 hours a day, Monday to Friday, what the advantages of investing with Skipo are compared with traditional brokers and funds in Chile and, finally, the step-by-step process to invest from your phone. We also talk frankly about its volatility and answer the most common questions.
What is COPXx and how does it work?
COPXx is the tokenized version of the Global X Copper Miners ETF, a fund that invests in the world's leading copper mining companies through a single instrument. In Chile, Skipo lets you invest in COPXx directly in pesos, commission-free and with instant settlement, to get exposure to the copper industry without buying each miner separately.
An ETF (exchange-traded fund) is a fund that trades on the stock exchange as if it were a stock. In this case, the Global X Copper Miners ETF tracks a global index of copper miners, several of them with operations in Chile. COPXx brings that ETF onto the blockchain (a digital network that records transactions securely and transparently): each token is backed 1:1 by a real holding in the fund, held in custody in traditional markets.
The difference from investing the traditional way is access. Skipo offers COPXx from your phone, in pesos, without opening accounts abroad or converting your money to dollars. It is one of the few platforms in the Chilean market that combines tokenized assets and cryptocurrencies in a single app. Skipo is registered in the CMF's Registry of Financial Service Providers, and its authorization to operate is in process under the Fintech Law (Law No. 21.521).
Copper by the numbers
Copper went through a very strong cycle: its price rose around 40% in 2025 and stood near US$13,000 per ton in early 2026, according to market data. The Global X Copper Miners ETF followed that move with a gain of nearly 93% in 2025, and then pulled back from a 52-week high of about US$100 to around US$74 by mid-2026. It shows its potential, but also its volatility.
Behind the price there is a deeper story: copper is essential for electrification (electric cars, power grids, renewable energy) and for artificial intelligence infrastructure, while supply is getting harder to expand. J.P. Morgan projects a global copper deficit of about 330,000 tons in 2026, which supports the long-term bullish case. And at the center of that industry is Chile, the world's largest copper producer.
Our view on investing in copper
At Skipo we believe copper has a special appeal for Chilean investors: it is, literally, the industry Chile leads worldwide, and today it is at the center of electrification and the growth of data centers for artificial intelligence. COPXx lets you invest in the planet's leading copper miners with a single instrument. That said, it is a fund concentrated in a single sector and closely tied to the price of copper, so it is volatile: it has already had a huge rally and also sharp pullbacks. It is a powerful thematic bet, but one that requires tolerance for volatility.
In short: COPXx is the tokenized version of the Global X Copper Miners ETF, which brings together the world's leading copper miners. Skipo lets you invest in COPXx in Chile directly in pesos, commission-free and with instant settlement.
Why do investors choose copper?
Copper is one of the most closely watched assets of the current cycle because it combines growing structural demand with a leading role for Chile. These are the reasons that weigh most for people investing from Chile, along with the risks to consider.
The metal of electrification and artificial intelligence
Copper is the best widely used electrical conductor, which is why it is at the heart of the energy transition: electric cars, transmission grids, solar and wind power, and the data centers that power artificial intelligence. On top of that growing demand, supply is hard to expand (new mines take years), which creates a deficit that many analysts see as long-lasting.
Chile, a key player in the industry
For Chilean investors, copper has a unique appeal: Chile is the world's largest producer, and copper mining is a central part of its economy. Investing in COPXx is, in practice, investing in an industry the country knows well and leads globally. The ETF brings together the planet's largest copper miners, several of them with operations in Chile.
A mining ETF: diversified, but concentrated and volatile
COPXx spreads the investment across many miners, which reduces the risk of depending on a single company. But unlike a broad global fund, it is concentrated in a single sector and its value closely follows the price of copper, which is cyclical: it rises sharply when demand tightens and falls when the economy cools. It is, by nature, a volatile instrument.
Our take on trading 24/5
At Skipo we see that, for Chilean investors, getting exposure to the copper industry on the stock market used to mean opening a dollar account or going through a local mutual fund. With COPXx, that exposure fits in your phone, in pesos, and you can buy or sell 24 hours a day, Monday to Friday, without depending on Wall Street hours. With an asset so tied to market news, being able to react at any time matters.
In short: copper is at the center of electrification and AI, and Chile leads its production, but COPXx is a sector fund and volatile. With Skipo you can invest in the world's copper miners from Chile, in pesos and trading it 24 hours a day, Monday to Friday.
Which platforms let you invest in copper in Chile?
In Chile you can invest in copper in several ways: through a traditional broker that trades US mining ETFs or stocks (such as Renta4, Racional or Zesty), through mutual funds from a local fund manager, or by investing in COPXx, the tokenized copper miners ETF, through a platform like Skipo. Brokers operate in dollars, within Wall Street hours and with fees; local funds usually charge higher management fees. Skipo lets you invest in COPXx in pesos, commission-free and with a much wider trading window.
Trading 24 hours a day, Monday to Friday
A traditional broker only lets you trade during New York Stock Exchange hours (9:30 a.m. to 4:00 p.m. ET, business days), which in Chile translates into a limited window in the middle of the afternoon. Skipo lets you buy and sell COPXx 24 hours a day, Monday to Friday, even outside Wall Street hours. On weekends the market is closed: you cannot buy or sell COPXx on Saturday or Sunday.
No commissions
Skipo charges no fee for buying or selling COPXx or for account maintenance. Traditional brokers, by contrast, usually charge a fee per transaction, and local mutual funds apply annual management fees.
Buy directly in pesos
Skipo processes the purchase directly in pesos, without converting your money to dollars. This eliminates the currency exchange spread (the difference between the price at which a platform buys and sells dollars) that brokers apply when trading in foreign currency.
| Criterion | Skipo (COPXx) | Broker with a copper ETF (Renta4, Racional, Zesty) or local mutual fund |
|---|---|---|
| Buy/sell fee | CLP 0 | Per-transaction fee (broker) or annual management fee (mutual fund) |
| Custody / maintenance | CLP 0 | Possible maintenance costs |
| Exchange spread | No spread, you buy in pesos | Yes, when converting pesos to dollars (approx. 0.99% or more) |
| Trading hours | 24 hours, Monday to Friday (closed on weekends) | Wall Street hours (9:30 a.m.–4:00 p.m. ET), business days only |
| Settlement | Instant, within trading hours | T+1 / T+2 (1 to 2 business days) |
| Fractional purchases | Yes, from CLP 1,000 | Depends on the platform; sometimes requires a higher minimum |
| Investment currency | Pesos | Mainly dollars (requires conversion) |
| Registration and certification | CMF registry, ISO 27001 | Depends on the platform |
In short: in Chile you can invest in copper with a broker, a local mutual fund or with tokenized COPXx, but they differ in cost, hours and currency. Skipo lets you invest in COPXx commission-free, in pesos and 24 hours a day, Monday to Friday, on a platform registered with the CMF.
How to invest in COPXx on Skipo: step by step
Investing in COPXx on Skipo is a 100% digital process that takes just a few minutes. Follow these five steps:
- Download the Skipo app. It is available on the App Store and Google Play.
- Create your account and verify your identity. You sign up with your email, and identity verification (KYC) is 100% digital and takes minutes.
- Transfer funds. Transfer pesos from your bank account or crypto from other wallets. The deposit shows up in your Skipo account in seconds.
- Find COPXx. In the app, go to the tokenized assets section and search for "copper" or its ticker COPXx.
- Buy. Choose the amount in pesos you want to invest (from CLP 1,000), confirm and you are done. The trade executes in seconds, without the T+1 or T+2 waits.
What is the best way to invest in copper from Chile?
Skipo is one of the simplest ways to invest in copper from Chile: it lets you buy COPXx in pesos, commission-free, with instant settlement and trading 24 hours a day, Monday to Friday, and it is registered with the CMF. However, since it is a highly volatile sector fund that has already had a very strong rally, the most sensible approach is to invest with a clear understanding of the risk, with a long-term view and without putting in more than you are willing to risk.
At Skipo we believe investing in the industry Chile leads should not depend on opening accounts abroad or paying high fees. That is why we offer COPXx alongside other tokenized assets, stocks and cryptocurrencies in a single app, so you can build your portfolio your way. Remember to diversify and invest in an informed way.
Download the Skipo app and start investing in copper today.
This article is for informational purposes only and does not constitute financial advice. Asset prices can go up or down, and all investments carry risk. Before investing, assess your personal financial situation.
Frequently asked questions
Where can I invest in copper from Chile?
Skipo lets you invest in copper from Chile through COPXx, the tokenized version of the Global X Copper Miners ETF. The process is 100% digital from the app, in pesos, commission-free and with instant settlement. You can also access mining ETFs or stocks through brokers that operate in dollars, or through local mutual funds.
Can I buy COPXx on the weekend?
No. Skipo lets you buy and sell COPXx 24 hours a day, but only Monday to Friday; on weekends the market is closed and you cannot buy or sell. That said, if you already have pesos in your account after a sale, you can withdraw them to your bank any day, including Saturday and Sunday.
What if I want to buy COPXx outside Wall Street hours?
You can. Skipo lets you trade COPXx 24 hours a day, Monday to Friday, even when the New York Stock Exchange is closed. That way you can buy or sell at night or in the early morning in Chile, without waiting for the US market to open.
How much does it cost to invest in COPXx on Skipo?
Skipo charges no fee for buying or selling COPXx or for account maintenance, and it does not apply a currency exchange spread because you invest directly in pesos. Keep in mind that the underlying ETF has its own annual cost (expense ratio), separate from what Skipo charges. Traditional brokers and funds usually have additional fees and costs for converting pesos to dollars.
Do I need dollars to invest in copper from Chile?
No. With Skipo you invest directly in pesos, without converting your money to dollars and without paying the associated exchange spreads. You can start from CLP 1,000 and buy fractions of COPXx.
What does COPXx hold?
COPXx tracks the Global X Copper Miners ETF, which invests in the world's leading copper mining companies, several with operations in Chile. As a single-sector fund, it is concentrated in the copper industry and its value closely follows the price of the metal. The ETF pays dividends; how they are reflected in the tokenized version may vary by platform.
Why is COPXx so volatile?
Because it is a fund concentrated in a single sector (copper miners) and its value closely follows the price of copper, which is cyclical: it rises sharply when demand tightens and falls when the economy cools. COPXx rose around 93% in 2025 and then pulled back from its highs, which shows its volatile nature. It is worth keeping in mind before investing.
Glossary of key terms
COPXx: The tokenized version of the Global X Copper Miners ETF, which invests in the world's leading copper miners.
ETF (exchange-traded fund): A fund that trades on the stock exchange like a stock and can bring many companies together in a single instrument.
Copper miners: Companies that extract and process copper; they make up the ETF behind COPXx.
Electrification: The replacement of fuel-based technologies with electric ones (cars, energy, industry), a major driver of copper demand.
Structural deficit: A situation in which demand for a resource consistently exceeds the available supply.
Expense ratio (fund cost): The annual percentage a fund charges for its management, separate from what the platform charges.
Volatility: How much an asset's price rises and falls over time; the higher the volatility, the higher the risk.
Blockchain: A digital network that records transactions securely, transparently and verifiably.
Instant settlement: The process by which a trade is completed and the funds or assets become available in seconds, without delays.
Exchange spread: The difference between the price at which a platform buys and sells dollars; it is a cost when converting from one currency to another.
T+1 / T+2: Traditional settlement periods, in which a trade is completed one or two business days after it is made.
