Europe’s first metaverse ETF launched on the London Stock Exchange
The exchange-traded fund is set up to monitor the Solactive ETC Group Global Metaverse Index

19.03.2022 - 11:00
606
1 min
0
What’s new? On March 17, Europe’s first metaverse-themed exchange-traded fund (ETF), the ETC Group Global Metaverse UCITS ETF (ticker METR), was launched on the London Stock Exchange. This ETF is now available for sale across Europe. It was created to monitor the Solactive ETC Group Global Metaverse Index, which tracks the stock quotes of 51 companies engaged in the metaverse industry.
Which companies are represented in the index? The listed companies operate in the following areas of the metaverse: virtual and augmented reality, 3D graphics, semiconductors, wireless communications, video streaming, online gaming, and blockchain technologies, including NFTs.
What is known about METR? It is the second thematic ETF created as part of a collaboration between ETC Group, which develops digital asset-backed securities, and HANetf, an independent provider of UCITS ETFs.
Useful material?
Market
The product will allow professional investors to track the price of the altcoin without having to hold it directly
Apr 18, 2025
Market
Previously, the PumpFun team launched their decentralized exchange to preserve liquidity in their ecosystem
Apr 17, 2025
Technologies
The company predicts that devices powerful enough to crack a 256-bit key could be available in the next 10 years
Apr 17, 2025
Mining
The collaboration aims to increase decentralization of the blockchain
Apr 15, 2025
Market
The feature will later be available to customers in Europe and Australia
Apr 15, 2025
Crypto regulations
The rule was passed toward the end of Joe Biden’s presidential term
Apr 11, 2025