ProShares Plans New Metaverse ETF as Demand for Funds Surges
- Metaverse Theme ETF could track index with Apple, Nvidia
- Fund application follows success of ProShares’s bitcoin ETF
Meta Platforms headquarters in Menlo Park, Calif.
Photographer: Nick Otto/BloombergThis article is for subscribers only.
ProShares is planning to launch an exchange-traded fund focused on the metaverse, according to a Tuesday filing with the U.S. Securities and Exchange Commission.
If approved, the ProShares Metaverse Theme ETF will track the performance of the Solactive Metaverse Theme Index.