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Betashares launches Australia's first Metaverse ETF on the ASX



Time:8/4/2022 12:01:48 PM

[Betashares launches Australia's first Metaverse ETF on the ASX] Jinse Finance reported that Australian exchange-traded fund (ETF) provider Betashares said on Wednesday that it has launched the country's first Metaverse market product on the Australian Securities Exchange (ASX). . The BetaShares Metaverse ETF (MTAV) listing offers a portfolio of global companies involved in building, developing and operating around the Metaverse, Betashares said in a statement.

Betashares joins other providers including ProShares and GlobalX in seeking to capitalize on the potential growth of the virtual world, which is expected to reach $800 billion in annual revenue by 2024.

It follows Australia’s listing of its first spot bitcoin and ethereum ETF by issuer 21Shares in May. (blockworks)

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