Investment firm ProShares wants to launch a Metaverse ETF
Hassan Maishera - Cryptowisser
Investment firm ProShares has filed with the United States Securities and Exchange Commission (SEC) to launch an exchange-traded fund (ETF) focused on the metaverse.
Per the filing, the ETF will track the performance of the Solactive Metaverse Theme Index. The index includes companies exposed to the metaverse industry. The Solactive Metaverse Theme Index includes the stocks of tech giants such as Apple, Microsoft, Intel, Meta Platforms and Nvidia.
The metaverse is a concept of a persistent, online, 3D universe that combines multiple different virtual spaces. The metaverse will allow users to work, meet, game, and socialize together in these 3D spaces.
View full text