Global investment giant Franklin Templeton is launching a new metaverse exchange-traded fund (ETF) for European investors.
Franklin Metaverse UCITS ETF Named the fund, it will reflect the performance of the Solactive Global Metaverse Innovation Net Total Return Index.
In this index to the metaverse, blockchain apps, companies like Block, crypto investors like Galaxy Digital companies that have invested in or are affiliated with.
Franklin Templeton entered the blockchain world last year by establishing a venture fund and then another blockchain-based fund. Total under the management of the company as of the end of July $1.4 trillion entity exists.
Dina Ting, director of Franklin Templeton’s global index portfolio, said: “can have major impacts on different societies and on global economic growth” told.