Bringing you live news and features since 2006 

ETC Group and HANetf launch Metaverse ETF

RELATED TOPICS​

ETC Group and HANetf have announced, through their partnership, Europe’s first Metaverse ETF. 

The new Metaverse ETF will list on the London Stock Exchange during March 2022 and will be passported for sale across Europe.

The firms writes that this market first UCITS Metaverse ETF provides European investors access to this wide-scale and long-term investment opportunity megatrend. The ETF will track the Solactive ETC Group Global Metaverse Index. 

While still in its infancy, the Metaverse has already attracted billions of dollars of investment, with the potential of USD8.3 trillion total consumer expenditure in the US alone and a potential market size of USD12 trillion globally – according to banks, Morgan Stanley   and Goldman Sachs . The Metaverse ETF will provide pure-play exposure to the Metaverse industry, composed of companies active in VR/AR, 3D graphics, semiconductors, high-speed wireless communications, online gaming, video streaming, blockchain technologies including NFTs and digital land, and connected cloud, file, and data storage. 

This is the second thematic UCITS ETF from the ETC Group in collaboration with HANetf, following the ETC Group Digital Assets & Blockchain Equity UCITS ETF (ticker: KOIN). 
This ETF is designed to provide pure-play exposure to digital assets and blockchain ecosystem companies such as cryptocurrency miners and cryptocurrency trading and exchanges. ETC Group and HANetf have also previously worked together to launch 100 per cent physically backed cryptocurrency exchange-traded products (ETCs) on Europe’s major exchanges.

Bradley Duke, Founder and Co-CEO of ETC Group says: “The Metaverse has been hard for investors to avoid. It has gone from an obscure, theoretical idea to being variously described as everything from the evolution of virtual reality to the next iteration of the internet. Our ETF will allow investors to gain exposure to this exciting investment opportunity.”

Hector McNeil, co-CEO and co-Founder of HANetf says: “We are proud to have worked with ETC Group to provide another European market first, this time in the form of a Metaverse ETF. As Europe’s most extensive thematic ETF issuer, this is an exciting fund to add to our roster. Our partnership with ETC Group has had a great track record so far, with the launch of the Digital Assets & Blockchain Equity UCITS ETF and some of Europe’s most liquid and most successful crypto physically backed ETCs.”

Timo Pfeiffer, Chief Markets Officer at Solactive, says: “Progressing technology and rising computation power are reshaping our daily lives. We are starting to see unimaginable worlds in virtual spaces, and the Metaverse is the next stage of this landscape. With our spirit of innovation, we aim at delivering the latest trends in investing to our clients and we are happy that ETC Group and HANetf share this mindset with us and launched such a cutting-edge product.”

Latest News

Tradeweb Markets has announced it has launched a market data service to calculate real-time Indicative Net Asset Values (iNAVs) for..
Bloomberg has announced the launch of ETF list trading via its ETF Request for Quote service (RFQe), writing that it..
The iShares Listed Private Equity UCITS ETF is designed to offer investors access to large, liquid, and listed private equity..
State Street Corporation has announced the launch of a Financial Information eXchange (FIX) application programming interface (API) for its Fund..

Related Articles

ETF
Detlef Glow, head of Lipper EMEA Research at Refinitiv, has published the Refinitiv Lipper ‘European ETF Industry Review: 2022’ commenting that 2022 was a remarkable year for investors around the globe. ...
ETF-Trophies
We are very pleased to open the voting for service providers (selected by nominations) and ETP issuers, selected by our data partners, Trackinsight, for the European ETF Express Awards, in...
Bitcoin
Osprey Funds’ founder and CEO, Greg King, has written an open letter to Barry Silbert, majority owner of Digital Currency Group which owns Grayscale, suggesting that he uses his powers...
Captain-america
Comparing multifactor ETFs to the popular Marvel Avengers series may seem a bit of a stretch but recent analysis from Morningstar suggests the investment strategies have more in common with...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by