The BetaShares Metaverse exchange traded fund (ETF) was recently introduced, providing investors with the opportunity to gain exposure to businesses that are developing and functioning in the Metaverse. NVIDIA, Meta Platforms, and Roblox would be three of the approximately thirty-two companies that make up the technology, entertainment, and specialized Metaverse enterprises that would make up the Metaverse ETF.
The economy of the Metaverse was a hybrid system that combined elements of augmented and virtual reality, gaming, artificial intelligence, and advertising, in addition to digital currencies and tokens
As a consequence of this, BetaShares recognized a large possibility of profit linked with the Metaverse, beginning with the incorporation of augmented and virtual reality capabilities into gear. The potential would be fuelled, in the long run, by ongoing revenue streams from advertising and transactions.
The Chief Executive Officer of BetaShares, Alex Vynokur, referred to the Metaverse as a potent megatrend that was projected to shake up the ways in which we engage with our families, friends, and the larger community.
“This secular trend is projected to revolutionize the way we engage with live music, sporting events, and other means of staying connected as the spectrum of technologies that support the Metaverse continues to develop and the number of users continues to increase.”
“Despite the fact that it is still in its infancy in terms of development, the Metaverse has the potential to become one of the most significant secular growth patterns in the years and decades to come. We are pleased to make this investment opportunity available to investors, and we feel a sense of pride in doing so. This cutting-edge new fund will become a component of our industry-leading line of thematic funds, which provides investors with exposure to the megatrends that are reshaping the world in which they live.”