Wednesday, September 28

New ProShares Metaverse ETF Will Follow Apple, Meta and Nvidia By CoinTelegraph

© Reuters. New ProShares Metaverse ETF will follow Apple, Meta and Nvidia

ProShares, the first US company to launch an exchange-traded fund (ETF) of (), is diving into the metaverse as it now plans to launch a new metaverse-centric ETF.

ProShares filed a metaverse-focused ETF with the US Securities and Exchange Commission on Tuesday, dubbed the ProShares Metaverse Theme ETF.

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Subject to SEC approval, the proposed ETF will track the performance of the Solactive Metaverse Theme Index (SOMETAV), comprised of companies that provide or use metaverse-related technologies, including data processing and metaverse devices, says the company’s prospectus. ETF.

Read the full article on Cointelegraph

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