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Metaverse News Europe


Aussies embrace Metaverse ETF with 32 stocks in basket

8/8/2022

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The ASX welcomed its newest exchange-traded fund (ETF) to its boards last week.
Over the past 12 months, ASX has welcomed the BetaShares Online Retail and E-Commerce ETF (ASX: IBUY), the ETFS Hydrogen ETF (ASX: HGEN), and the BetaShares Crypto Innovators ETF (ASX: CRYP) to the ASX.

And now, the BetaShares Metaverse ETF (ASX: MTAV) joined this list. 

Metaverse ETF joins the ASX
As its name implies, it invests in a basket of global ‘metaverse’ shares.
As my Fool colleague Tony noted in his coverage, the metaverse is the term that refers to the idea that the internet will morph into a “massive unified virtual world”.
It has been a term most associated with the social media giant Meta Platforms, which of course used to be known as Facebook.
So it perhaps will come as no surprise that Meta stock is one of the largest holdings in this new ETF. But other well-known shares like Roblox, NVIDIA, Apple and Disney are also present in its 32-share strong portfolio.

Full story here

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  • Home
  • News
  • ShortListed Companies
    • Nomination: AI Use Cases
    • Nominations
      • Top Global Event
      • Top Metaverse Platform & Virtual World
      • Top VC or Accelerator
      • Top Blockchain Developer Services Provider
      • Most Impactful Marketing Advertising Campaign
      • Most-promising Corporate VC Investment
      • Top Corporate Partnership
      • Top Legal Firm for Metaverse/Web 3.0 businesses
      • Top Avatar Design Company
      • Top Digital Twin Initiative Enterprise
      • Top Digital Twin Initiative Consumer
      • Top Cloud, Enterprise or Technology Partner
      • Top Partner for establishing early-stage presence in Metaverse
      • Most Innovative NFT Project
      • Top 3D Design Firm for Metaverse
      • Top Fashion Brand Initiative
      • Top Consumer Experience & Entertainment
      • Top Sports Brand Initiative
      • Top Enterprise Productivity initiative
      • Top Digital Payments platform
      • Most Exciting Scale-up Company
      • Top XR AR VR Firm
      • Most Exciting Hardware for Metaverse/Web3
      • Most Promising Haptics Initiative
  • 2023 Summit & Awards
    • VIP Jury
    • Agenda
    • Venue
      • Hotel Reservation
    • Tickets
      • Pay via Credit Card
  • Exhibitors
  • Contact
    • Sponsorship Options
    • FAQs
    • Brella Event App & Networking
    • 2022 Event
      • VIP Jury
      • Agenda 2022
      • Photos 2022
      • Videos 2022