BlackRock, the world’s largest asset manager, has launched an exchange-traded fund (ETF) that tracks Metaverse companies.
BlackRock recently made a statement through official channels, covering many companies. ETF named iShares Future Metaverse Tech and Communicatios announced its launch.
According to the company’s statements, Metaverse as an investment strategy over working companies or their shares in the balance sheet containing to secondary companies The fund that will invest in this area will also secondary service providers will buy their shares.
According to the information disclosed February 22 as of approx. 5 million largest fund with assets 5 assets Meta Platforms (META), Apple (APPL), Nvidia (NVDIA), Netease (NTES), and Roblox (RBLX) it happened. In addition, the minimum market value of the companies in the fund 300 million dollars value and daily transactions at least 2 million dollars it should.
The asset management company’s move is likely to benefit institutional investors’ Metaverse, according to experts. to technology And to their products of their interest to fade It was introduced at the time it started.