{"id":11810,"date":"2022-10-19T15:55:35","date_gmt":"2022-10-19T12:55:35","guid":{"rendered":"https:\/\/www.robomarkets.com\/blog\/?p=11810"},"modified":"2023-10-12T11:59:05","modified_gmt":"2023-10-12T08:59:05","slug":"which-etfs-are-investing-in-the-metaverse","status":"publish","type":"post","link":"https:\/\/www.robomarkets.com.cy\/blog\/stock-market\/analysis\/which-etfs-are-investing-in-the-metaverse\/","title":{"rendered":"Which ETFs are Investing in the Metaverse?"},"content":{"rendered":"\n

With the Federal Reserve System tightening its monetary policy, US stock indices are trading<\/a> lower. For example, the Nasdaq 100<\/a> (NAS100) is down 35% since the start of the year, and the S&P 500<\/a> (US500) is down 25%.<\/p>\n\n\n\n

However, the Fed will not continue with the rate hikes forever: experts predict this cycle might end in 2023. Companies will then adjust to the current rates, and stock indices will gradually recover. And the question of where to invest will become even more pressing.<\/p>\n\n\n\n

 With the abundance of issuers on the market, there is always the risk of wrongly selecting one or two companies. An alternative is ETFs which consist of stocks<\/a> of firms that operate and grow in the same industry. Today, we will touch on the topic of the meta<\/a>-universe and look at which exchange-traded investment funds are betting on the virtual world.<\/p>\n\n\n\n

<\/span>What’s interesting about the metaverse?<\/span><\/h2>\n\n\n\n

The metaverse is predicted to revolutionise the user experience, making extensive use of artificial intelligence technology. It's a digital world where users can interact with each other through avatars.<\/p>\n\n\n\n

Research shows that the metaverse has already attracted more than USD 10 billion in funding, including virtual reality and augmented reality technology.<\/p>\n\n\n\n

In October 2021, at an online presentation, Mark Zuckerberg announced the desire to create a digital universe called Meta in which users could vacation, work, buy and sell digital goods, and travel to other virtual worlds. Soon after, Facebook was renamed Meta Platforms Inc.<\/p>\n\n\n\n

This intensified the registration of new ETFs investing in the meta-universe. Investor interest in this area increased significantly and where there is demand, there is always supply.<\/p>\n\n\n\n

<\/span>Which funds focus on the metaverse?<\/span><\/h2>\n\n\n\n

Of all the exchange-traded investment funds that are betting on the development of the digital virtual universe, today we will look at three with \"metaverse\" in their name – the Roundhill Ball Metaverse, the Fount Metaverse, and the Evolve Metaverse.<\/p>\n\n\n\n

<\/span>Roundhill Ball Metaverse<\/span><\/h3>\n\n\n
<\/rg-instrument><\/div>\n\n\n\n

Roundhill Ball Metaverse (NYSE: METV) was launched in June 2021. The fund has more than USD 400 million in assets under management. The fund invests in 40 companies that are actively involved in the development of the metaverse. The bulk of the portfolio is occupied by US firms, with Asian firms only accounting for 20% of the total.<\/p>\n\n\n\n

Apple Inc.<\/a> (NASDAQ: AAPL) has the largest weighting in the Roundhill Ball Metaverse portfolio at 8.09%, followed by NVIDIA Corporation<\/a> (NASDAQ: NVDA) at 7.87%.<\/p>\n\n\n\n

The fund's top stocks include:<\/p>\n\n\n\n