BlackRock to launch exchange-traded fund with focus on metaverses
BlackRock had previously launched a blockchain ETF for European clients
30.09.2022 - 06:45
327
1 min
0
What’s new? BlackRock, the world’s largest investment company by assets under management ($10 trillion as of January 2022), plans to launch a new exchange-traded fund (ETF) with a focus on companies operating in the field of metaverses. Bloomberg reports, citing its own sources.
What is known about BlackRock? It is one of the world’s largest asset management and investment companies. The company’s shares are traded on the New York Stock Exchange (NYSE) under the ticker BLK. As of September 30, 06:30 UTC, the share price is $563,92, down by 3,67% per day.
What is known about the new ETF? With a new exchange-traded fund called the iShares Future Metaverse Tech and Communications ETF, BlackRock plans to give its clients the opportunity to add companies related to the promising direction of metaverses to their investment portfolios. The move will join BlackRock with other traditional financial institutions that focus on metaverses, including Franklin Templeton, Invesco, and Fidelity.
On September 29, it became known that BlackRock had launched a blockchain exchange-traded fund called the iShares Blockchain Technology UCITS ETF. It is available to European clients. BlackRock’s blockchain ETF with a total expense ratio of 0,5% has 35 assets and is listed on the Euronext stock exchange. It includes cryptocurrency exchange Coinbase, investment firm Galaxy Digital and mining firm Marathon Digital, among others. The fund also includes PayPal, NVIDIA, and IBM.
Useful material?
Telegram 
Twitter Market
According to the founder of TRON, the leading US crypto exchange asked for several hundred million dollars for the listing of TRX
Nov 4, 2024
Incidents
The company conducted fictitious trading for six years to inflate the trading volume of tokens of several companies, receiving payment for these services
Nov 1, 2024
Market
1,5 million addresses have already left applications
Oct 31, 2024
Business
The company began investing in bitcoin in 2020, and since then, the value of its securities has risen by 1700%
Oct 30, 2024
Mining
The Deputy Energy Minister explained that in deficit regions, it is impossible to allocate large capacities for industry enterprises until 2030
Oct 30, 2024
Market
Customers will also be able to withdraw funds to bank accounts using cards
Oct 30, 2024
Cryptocurrency rates
-
Bitcoin
$68 350
BTC
-0.87%
-
Ethereum
$2 424.93
ETH
-1.64%
-
BNB Smart Chain
$570.25
BSC
-0.32%
-
Ripple
$0.507273
XRP
+0.56%
-
Dogecoin
$0.162781
DOGE
+8.03%
-
Cardano
$0.329925
ADA
-0.15%
-
Bitcoin Cash
$334.17
BCH
-0.71%
-
Polkadot
$3.82
DOT
+0.82%
-
Litecoin
$66.63
LTC
-0.36%
-
Stellar XLM
$0.09135
XLM
+0.08%