The concept of the meta-world is always more and more popular! Well-Known U.S. Financial Services Firm Plans to Announce ETFs

The launch of the meta-space-themed ETF marks the end of a crucial year for ProShares. In October of this year, ProShares' Bitcoin Strategy ETF became the first Bitcoin Futures ETF to be approved by the US SEC. Upon registration, the fund became the second largest ETF in history.

As global meta content continues to gain popularity, other companies are trying to capitalize on this craziness.

According to a report submitted to the US Securities and Exchange Commission (SEC) by US ETF provider ProShares on the 21st, the company announced that it will announce a themed ETF ProShares Metaverse (ProShares Metaverse), Foreign Exchange (ETF). ) focus on the metaverse. AND F). AND F).

Once approved, the ETF tracks the performance of the Solactive Metaverse Thematic Index. The index includes companies that provide or use technologies related to metaglobal products and services, such as data processing and metaglobal devices. Apple, Meta, and Nvidia are the heaviest products on the gauge.

The launch of the meta-space-themed ETF marks the end of a crucial year for ProShares. In October of this year, ProShares' Bitcoin Strategy ETF became the first Bitcoin Futures ETF to be approved by the US SEC. Upon registration, the fund became the second largest ETF in history.

After Facebook announced that it had changed its name to Meta in October of this year, businesses and businesses began to embrace the concept of a meta world, and interest is not cooling off.

ProShares is the latest company to benefit from the meta-universe boom. As of December 28, global metaverse ETF assets stood at $ 2.2 billion, mostly generated in the last quarter. In November of this year, Canada announced two Metaverse ETFs in one day.

In June of this year, Roundhill Investment, a major investment firm in the industry, launched the Roundhill Ball Metaverse (code META), a VR / AR themed fund intended to provide investors with a layer of metaverse capital. ETFs didn't get a lot of attention at first, but there was strong revenue growth due to the impact of Meta's massive investment in the Metaverse. Currently, assets under the management of the Roundhill Ball Metaverse have reached $ 916 million.

“I don't know if the meta-world theme is secure, but traders believe it. Given the success of ETF META, there are many special items that can be listed in the theme. long words. says Todd Rosenbluth, CFRA's director of mutual funds and ETF research.