ProShares Files with The SEC to Launch a Metaverse ETF

After launching the first Bitcoin futures-backed ETF in the USA, ProShares has now shifted its focus towards the Metaverse.

The first American company that launched a futures-backed Bitcoin Exchange-Traded Fund in the United States has turned its sight towards the Metaverse space. If approved by the SEC, the ETF will track the performance of the Solactive Metaverse Theme Index .with the US Securities and Exchange Commission , the Exchange-Traded Fund comes by the name The ProShares Metaverse Theme ETF.

Prominent examples of such firms are the tech giant – Apple, the GPUs manufacturer – Nvidia, and the leading social platform – Meta . Todd Rosenbluth – Director of ETF and Mutual Fund Research at CFRA – also expects the Metaverse universe to keep evolving:

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