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Learning & News => News related to Crypto => Topic started by: codehash on December 30, 2021, 12:47:11 AM

Title: New ProShares Metaverse ETF to track Apple, Meta, Nvidia
Post by: codehash on December 30, 2021, 12:47:11 AM
In late November, two Canadian metaverse ETFs started trading on the Toronto Stock Exchange on the same day.

(https://images.cointelegraph.com/images/717_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMTIvMDY3NDliM2MtZDQxNi00NzE5LTk5NDEtYThmNGRhM2MzMDZiLmpwZw==.jpg)

ProShares, the first company in the United States to launch a Bitcoin (BTC) exchange-traded fund (ETF), is diving into the metaverse as it now plans to launch a new metaverse-focused ETF.

ProShares on Tuesday filed with the U.S. Securities and Exchange Commission for an ETF focused on the metaverse, called the ProShares Metaverse Theme ETF.

Subject to approval by the SEC, the proposed ETF will track the performance of the Solactive Metaverse Theme Index (SOMETAV), consisting of firms providing or using metaverse-related technologies, including data processing and metaverse devices, the ETF prospectus reads.
https://cointelegraph.com/news/new-proshares-metaverse-etf-to-track-apple-meta-nvidia