Bringing you live news and features since 2006 

MV Index Solutions and CryptoCompare license the MVIS CryptoCompare Media & Entertainment Leaders Index to Investo

RELATED TOPICS​

MV Index Solutions GmbH (MVIS), in partnership with CryptoCompare, have announced the licensing of the MVIS CryptoCompare Media & Entertainment Leaders Index (ticker: MVMELE) to Investo as underlying indices for their NFTS11 ETF.

The index is designed to measure the performance of the largest and most liquid media & entertainment assets and is an investable subset of MVIS CryptoCompare Media & Entertainment Index.

“MV Index Solutions is proud to partner with our friends at Investo to accelerate innovation in the Digital Asset ecosystem, bringing a cutting-edge concept to Brazil. The MVIS CryptoCompare Media & Entertainment Leaders Index is a key building block for benchmarking digital asset portfolios by category, in this case, capturing the investable universe of coins used to reward users for content, games, gambling or social media,” says Steven Schoenfeld, CEO of MV Index Solutions.

“We live in a generation in which virtual worlds are creating wealth for users who spend more and more time interacting on digital platforms, and Brazilians also deserve to participate in this wealth that is created. And with this launch, this is exactly what NFTS11 makes possible – to facilitate investment in virtual worlds assets, bringing investors closer to a world with high potential,” says Cauê Mançanares, CEO of Investo.

“Media and entertainment is an exciting and rapidly growing subsector of the digital asset ecosystem and has started to garner interest from investors across the globe. Investo’s NFTS11 ETF provides those in Brazil with an accessible investment vehicle that grants exposure to a diverse range of assets that are linked to this growing sector,” says Charles Hayter, CEO and Co-Founder of CryptoCompare.

The MVIS CryptoCompare Media & Entertainment Leaders Index (ticker: MVMELE) is a rules-based index and calculated in USD as a price return index. Capping factors are applied to avoid overweighting of single index components. The index is reviewed on a monthly basis. 

Latest News

Some big forces moved further into ETF issuance this week, with Capital Group launching 12 new active/passive model portfolios, and..
ASYMmetric ETFs has announced the launch of two new funds, ASYMmetric Smart Income ETF (NYSE: MORE) and ASYMmetric Smart Alpha..
First Trust Advisors has announced the launch of a new actively managed ETF, the First Trust Multi-Strategy Alternative ETF (NYSE..
Allianz Investment Management LLC (AllianzIM), a wholly-owned subsidiary of Allianz Life Insurance Company of North America has announced the launch..

Related Articles

ETF
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
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...
Mackenzie
Canadian asset manager Mackenzie Investments, with CAD186.6 billion under management, has published its annual Mackenzie Investments Year-End ETF Report. ...
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