Alternative Investments/Digital: Roundhill Launches A Virtual Worlds’-Focused “Metaverse” ETF

The Metaverse is a concept – a future iteration of the internet, made up of persistent, shared, 3D virtual spaces linked into a perceived virtual universe – and intersecting with the physical, real world.

Roundhill Investments launched last week a new ETF built around the theme of the Metaverse. The Roundhill Ball Metaverse ETF is a first-of-its-kind ETF to provide investors exposure to the market of the Metaverse – “a successor-state to today’s mobile Internet, but which will involve countless interoperable and persistent virtual worlds, be richly integrated into the physical world as well, thereby creating a new medium and economy for work, leisure, and innovation.” (CISION PR NEWSWIRE)

Roundhill Ball Metaverse ETF (NYSEARCA: META)

The Metaverse ETF will track the Ball Metaverse Index, which is managed by Ball Metaverse Research Partners, a newly-formed indexing and research firm led by Matthew Ball, a prominent investor, advisor, and researcher of the Metaverse.

The index is composed of companies involved in the Metaverse and drawn from sectors including computing, networking, virtual platforms, interchange standards, payments, content, and hardware.

The fund has an expense ratio of 0.75% and trades on the NYSE Arca.

“We consider the emergence of the Metaverse to be as transformative and valuable as the emergence of mobile Internet and the fixed-line Internet that preceded it,” said Matthew Ball in the press release. “It likely will touch every industry and profession, enlarging and/or disrupting today’s leaders, and leading to countless new companies and technologies.”

Related Story:  Andreessen Horowitz’s Thesis – “Multiplayer Game Experiences are the Next Social Networks”

Image Credit (Alpha Auer): Flickr    

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