₿ Explore the crypto world with us...


Europe’s First Metaverse ETF Launched

Europe’s inaugural metaverse-themed exchange-traded fund (ETF), the ETC Group Global Metaverse UCITS ETF (METR), made its debut on the London Stock Exchange and is now available for purchase across Europe.

The ETF is designed to track the Solactive ETC Group Global Metaverse Index, providing investors with the opportunity to invest in 51 companies actively participating in the metaverse industry.

The companies covered by the index operate in various metaverse sectors, including VR/AR, 3D graphics, wireless communications, online gaming, video streaming, blockchain technologies such as NFTs, and related cloud and data storage.

METR represents the second thematic ETF collaboration between ETC Group, a developer of digital asset-backed securities, and HANetf, an independent UCITS ETF provider. This joint effort aims to offer investors exposure to the dynamic and expanding metaverse landscape.

This move by the London Stock Exchange aligns with a global trend, as other stock exchanges, including the Hong Kong Stock Exchange, have recently launched their own metaverse-themed funds.

According to Goldman Sachs, the metaverse has already attracted billions of dollars in investment, with a projected market size of $12 trillion worldwide. This signifies the increasing recognition of the metaverse as a significant and lucrative investment opportunity on the global stage.

Interest in Metaverse

Europe's First Metaverse ETF Launched

The interest in the metaverse field has surged significantly, particularly following Facebook’s rebranding to Meta. Analysts predict that metaverse coins will remain a prominent trend within this ecosystem for an extended period.

As experts assert that the metaverse and NFTs represent the future of the internet, major technology companies are actively competing to establish their presence in this burgeoning field. Governments are also conducting studies in the metaverse domain, with Turkey among the countries taking steps and conducting research in this space.

The rising popularity of metaverse projects such as Decentraland (MANA), The Sandbox (SAND), Bloktopia (BLOK), and Axie Infinity (AXS) is expected to continue growing gradually.

These platforms, known for their engagement with virtual environments, blockchain technology, and NFTs, are positioned to play pivotal roles as the metaverse landscape evolves. As the metaverse gains momentum, these projects are likely to attract increasing attention and participation from users and investors alike.

You may also like this content

Follow us on TWITTER (X) and be instantly informed about the latest developments…


Metaverse Planet is your gateway to the exciting world of artificial intelligence. On this platform, you can find everything related to artificial intelligence:

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button
Milla Sofia: Fascinating AI Model Shares Striking Visuals 6 Most Followed Cryptocurrencies on Twitter Web 2.0 to Web 3.0 Lacoste Enters Metaverse Artificial intelligence FAQs , About Artificial intelligence Replace your daily applications with AI-powered alternatives ✅ Our Smartphone Applications Discover the Popular Metaverse Coins Binance vs Ethereum Metaverse Ecosystem Founder of Ethereum: Vitalik Buterin How to Enter Metaverse? Gucci Chose Miley Cyrus Avatar for Web3 Fragrance! Those who have been doing Hodl lately are very comfortable. Controversial AI Sensation Milla Sofia Under Fire for Provocative Appearance India’s First Metaverse Wedding: Over 3,000 Guests Celebrate How to Make an Avatar on Instagram? Easy Explanation with Pictures Which Is Your Choice? DOGE or SHIBA ? Fan Token Ecosystem 6 Most Followed Cryptocurrencies on Twitter Top 8 NFT Sales Sites! (Create Paid And Free NFT!) What is Decentraland? (MANA) Coin Before having nft after having This Man Told Everyone To Buy Bitcoin For $1 Just 8 Years Ago Differences between crypto and bank Popular AI Coins