FRANKFURT, Germany, March 11, 2022 /PRNewswire/ — Roundhill Investments, an ETF sponsor focused on innovative thematic funds, plans to launch a Metaverse ETF in Germany later this month in partnership with Ball Metaverse Research Partners. The Fund will be Roundhill’s first launch in the European market.
The Metaverse is widely understood as a successor state to today’s mobile Internet, but which will involve countless interoperable and persistent virtual worlds, will also be richly integrated into the physical world, creating a new medium and a new economy. for work, leisure and innovation. . Morgan Stanley and Goldman Sachs have valued that the Metaverse economy will be worth roughly 8 trillion dollars. Jensen Huang, founder and CEO of Nvidia, said he believes the economy of the metaverse will eventually overtake that of the physical world.
The Fund will aim to provide investors with exposure to the Metaverse* by replicating, before fees and expenses, the performance of the Ball Metaverse Index (BALLMETA Index). According to TD Ameritrade (2/15/2022), the Roundhill Ball Metaverse ETF (NYSE Arca: METV), which also tracks the BALLMETA index, was the largest sector ETF launched in the US in 2021, amassing $885 million in assets.
The index is managed by Ball Metaverse Research Partners, an indexing and research company led by Matthew Balla seasoned investor, advisor and Metaverse researcher.
“We consider the emergence of the metaverse to be as transformative and valuable as the emergence of the mobile internet and fixed internet that preceded it. It will likely affect all industries and professions, expanding and/or disrupting leaders today, and leading to countless new businesses and technologies,” said Matthew Ball.
“We believe all investors should have the opportunity to invest in our themes, not just US investors. This launch will be an important step towards achieving that goal,” said Tim Maloney, CIO of Roundhill. “We are delighted to launch our first fund in Europe and I look forward to offering more products in the future.”
*There is no guarantee that the investment objective will be achieved. Past performance does not predict future returns.
About Roundhill Investments:
Roundhill Investments is a US-based investment advisor focused on developing innovative exchange-traded products. The company’s product range currently represents more than $1 billion in assets under management. To learn more about the company, please visit roundhillinvestments.com.
About Ball Metaverse Research Partners:
Ball Metaverse Research is a financial and market research collective focused on the ongoing transition of global telecommunications, commerce, and social engagement to the successor platform to today’s Internet, known as ” metaverse”. In addition to managing the Metaverse Index, Ball Metaverse Research publishes essays and studies on the future of the Internet, entertainment, games, and social media, as well as convenes and participates in industry settings to promote standards and dialogue between prominent media and technology entrepreneurs, inventors, activists and businesses.