BetaShares has introduced a Metaverse exchange-traded fund (ETF), offering investors with exposure to firms engaged in building and operating the Metaverse.
The Metaverse ETF would include approximately 32 technology, entertainment, and specialized Metaverse companies, such as NVIDIA, Meta Platforms, and Roblox.
The Metaverse economic system existed at the crossroads of digital and augmented reality, gaming, artificial intelligence, advertising, and digital currencies and tokens.
As a result, BetaShares saw a significant potential opportunity associated with the Metaverse, beginning with the adoption of digital and augmented reality via hardware. Long-term growth could be stimulated by recurring cash streams from advertising and transactions.
Alex Vynokur, the chief executive officer of BetaShares, described the Metaverse as a strong megatrend that was anticipated to disrupt how we interact with family, friends, and the larger community.
“Because the vary of applied sciences underpinning the Metaverse evolves and consumer development continues, this secular pattern is anticipated to revolutionise the way in which we interact with sport, stay music and different methods of staying related.
“Whereas nonetheless within the early levels of evolution, the Metaverse has the potential to be one of many greatest secular development tendencies of the approaching many years. We’re proud to supply traders with entry to this funding alternative. This modern new fund will type a part of our main suite of thematic funds that supply traders publicity to the megatrends which can be altering the world round us.”
