ProShares, which already has a Bitcoin futures ETF with the U.S. Securities and Exchange Commission (SEC), filed a Metaverse ETF application on Tuesday.
It is included in the index, which is reported to follow the performance of companies operating in the augmented reality, digital finance and gaming sectors. Like Apple, Nvidia and Meta large companies will be involved.
Market cap of Metaverse ETFs, most of which were released in the last quarter, according to Bloomberg As of December 28, it rose to $ 2.2 billion. The Roundhill Ball Metaverse (META) ETF, released June 30 market value, almost $1 billion reached.
Company that researches stocks, ETFs, mutual funds and industriesin t CFRA ETF research director Todd Rosenbluth:
Given the success of meta ETFs, we are likely to see more products come to market that will make up metaverse investments.
said.
ProShares’ Metaverse ETF the “decentralized crypto metaverse” project does not cover. Currently only trading on the stock market watching companies.
The Sandbox, Decentraland and other metaverse projects as it gets stronger It is estimated that applications for metaverse ETFs linked to cryptocurrencies will be made.