ProShares has filed an application with the SECGov for an exchange-traded fund focused on the metaverse that tracks the performance of the Solactive Metaverse Theme Index. By Tanzeel_Akhtar
, ProShares said the “Metaverse Theme ETF” would track the performance of the Solactive Metaverse Theme Index, which includes companies exposed to the metaverse industry.
The index will give the ETF exposure to U.S. companies listed on the New York Stock Exchange or the Nasdaq that meet certain market capitalization and liquidity requirements, ProShares said. The Solactive Metaverse Theme Index includes tech giants including Apple, Microsoft, Intel, Meta Platforms and Nvidia.
The metaverse is a space generated by the convergence of virtual worlds, augmented reality and internet services. The concept has fueled aGrowth of interest in the metaverse has sparked a flurry of focused ETFs. ProShares’, if approved, will join
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