ProShares Files Application With SEC for a Metaverse ETF

Posted on by American Coins & Gold

ProShares Files Application With SEC for a Metaverse ETF
ProShares has filed an application with the U.S. Securities and Exchange Commission (SEC) for an exchange-traded fund (ETF) focused on the metaverse.In a filing Wednesday, ProShares said the “Metaverse Theme ETF” would track the performance of the Solactive Metaverse Theme Index, which includes companies exposed to the metaverse industry.The index will give the ETF exposure to U.S. companies listed on the New York Stock Exchange (NYSE) or the Nasdaq that meet certain market capitalization and liquidity requirements, ProShares said.The Solactive Metaverse Theme Index includes tech giants including Apple, Microsoft, Intel, Meta Platforms (formerly Facebook) and Nvidia.The metaverse is a space…