The hype around the Metaverse is constantly increasing, making it the next big thing in the digital world. The latest push came when Facebook renamed its corporate name Meta, focusing on the Metaverse in October. The Metaverse has been referred to as the vision of how the Internet will function in the future. It means an enhanced digital environment where it is possible to perform social functions (work, play, shopping and creativity) in a digital environment. We’ll explore the Roundhill Ball Metaverse ETF, the first exchange-traded fund designed to expose investors to the metaverse.

RoundHill Ball Metaverse Profile

Roundhill Ball Metaverse (“METV ETF”) was designed to expose investors to the Metaverse by tracking, before fees and costs, the performance of the Ball Metaverse Index (“METV Index”). The Ball Metaverase Index is the first index formulated to track the worldwide performance of the organizations that build the Metaverse. In addition, the index seeks to monitor the achievement of globally traded equity securities of companies that engage in activities or provide products, services and technologies to power the Metaverse and benefit from the profits generated. The Metaverse Index tracks companies based on the following classifications:

A strong reason to invest in the Roundhill Ball Metaverse ETF

Roundhill ball metaverse has been positioned as a way for investors to gain exposure to the Metaverse. The fund has amassed more than 40 stocks in its portfolio, including some of the top companies involved in the Metaverse. Here is a summary of how the top 5 companies in this fund are involved in the Metaverse:

What does Roundhill Ball Metaverse EFT hope to accomplish?

Roundhill Ball Metaverse EFT is to expose Metaverse to the general population

Roundhill Ball Metaverse EFT Price Prediction

According to any virtual currency market, it is difficult to predict how the market will go as there are so many variables involved. However, the price seems to fluctuate with a 0.24% increase on May 25, 2022. There is no immediate prediction of how the price or the market will behave; however, there are bullish reports for the future. It is because the company is entering Europe with its investment. The firm stated that it would monitor companies in the classifications listed above that seek to promote the Metaverse. The company claims that the move to enter Europe is so that everyone has the opportunity to invest in the company and not just US investors. However, if major investors or holders pull out of the project, the price may plummet, although this is unlikely. Ark research has predicted that revenue from virtual worlds may reach $400 billion by 2025, and Bloomberg claims the market opportunity in the multiverse may reach as much as $800 billion by 2024. These predictions should not be considered financial advice.

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