Fidelity Investments filed with the U.S. Securities and Exchange Commission to create a pair of exchange-traded funds that will track companies engaged in the metaverse and cryptocurrency industries.
The Fidelity Metaverse ETF will seek to provide returns comparable to a proprietary index comprised of stocks of companies that generate at least 50% of their total revenue from categories such as computing hardware and components, digital infrastructure, gaming technology and wearable technology, according to one of the filings.
