ETFdb Logo
  • ETF Database
  • Channels
    • Themes
      • Active ETF
      • Alternatives Channel
      • Artificial Intelligence
      • China Insights
      • Climate Insights
      • Core Strategies
      • Crypto
      • Disruptive Technology
      • Energy Infrastructure
      • ETF Building Blocks
      • ETF Education
      • ETF Investing
      • ETF Strategist
      • Faith-Based Investing
      • Financial Literacy
      • Fixed Income
      • Free Cash Flow
      • Innovative ETFs
      • Invest Beyond Cash
      • Leveraged & Inverse
      • Modern Alpha
      • Portfolio Strategies
      • Tax Efficient Income
    • Asset Class
      • Equity
        • U.S. Equity
        • Int'l Developed
        • Emerging Market Equities
      • Alternatives
        • Gold/Silver/Critical Materials
        • Crypytocurrency
        • Currency
        • Volatility
      • Fixed Income
        • Investment Grade Corporates
        • US Treasuries & TIPS
        • High Yield Corporates
        • Int'l Fixed Income
    • ETF Ecosystem
    • ETFs in Canada
    • Market Outlook
  • Tools
    • ETF Screener
    • ETF Country Exposure Tool
    • ETF Database Categories
    • Indexes
    • Scenario Analysis
    • Watchlists
    • Head-To-Head ETF Comparison Tool
    • Mutual Fund To ETF Converter
    • ETF Stock Exposure Tool
    • ETF Issuer Fund Flows
  • Research
    • ETF Education
    • Equity Investing
    • Dividend ETFs
    • Leveraged ETFs
    • Inverse ETFs
    • Index Education
    • Index Insights
    • Top ETF Sectors
    • Top ETF Issuers
    • Top ETF Industries
  • Webcasts
  • Themes
    • AI ETFs
    • Blockchain ETFs
    • See all Thematic Investing ETF themes
    • ESG Investing
    • Marijuana ETFs
  • Multimedia
    • ETF 360 Video Series
    • ETF of the Week Podcast
    • Gaining Perspective Podcast
    • ETF Prime Podcast
    • Video
  • Company
    • About VettaFi
    • Get VettaFi’ed
  • PRO
    • Pro Content
    • Pro Tools
    • Advanced
    • FAQ
    • Pricing
    • Free Sign Up
    • Login
  1. Crypto Channel
  2. Executives Getting Selective About Metaverse Spending
Crypto Channel
Share

Executives Getting Selective About Metaverse Spending

Tom LydonAug 01, 2022
2022-08-01

Further cementing the long-term viability of the metaverse investment thesis, high-level executives at some Fortune 500 companies are increasingly eyeing metaverse expenditures.

That could be a long-term positive for metaverse-related equities and exchange traded funds such as the Fidelity Metaverse ETF (FMET ). While the metaverse as an investment opportunity is in its infancy — as is FMET — a surprising number of corporate leaders are signaling that they see value in this space.

“According to a recent PwC survey, two-thirds of top executives in the US report that their companies are actively engaged in the metaverse in some way,” reported InformationWeek. “These businesses are building proofs of concept, testing use cases and even generating revenue from metaverse platforms or (more commonly) the underlying technologies. Eighty-two percent of executives expect metaverse plans to be part of their business activities within a few years.”

With a percentage like that, it’s clear that investors need depth to properly capitalize on the metaverse investment opportunity set. FMET, which tracks the Fidelity Metaverse NR USD, provides that breadth. Home to 56 stocks, which is a fair amount for a thematic ETF, FMET is not constrained by sector or geography, although it is a passively managed fund.

Those advantages are relevant for long-term investors because the metaverse is vast and so are the related investment opportunities. Related ETFs, such as FMET, should be up to the challenge.

“Half of executives say the metaverse will either be the next incarnation of the internet, or it will completely revolutionize business as we know it,” according to InformationWeek. “Meanwhile, the majority of consumers are excited about the metaverse, yet less than 10% currently use a metaverse environment. Keep in mind that despite the hype, metaverse adoption will be more of an evolution, taking place over years with different components maturing at different times.”

Another area that’s applicable to some FMET member firms is metaverse risk. Obviously, this is a new concept rooted in the internet and technology, meaning potential risks abound. Those risks bring opportunity. FMET is positioned to help investors capitalize.

“Organizations that are active in the metaverse need to act quickly to build trust and decrease risks to protect intellectual property, financial transactions, customer data and the customer experience. This may require new processes to better meet evolving compliance challenges, complex tax requirements and risks associated with blockchain, cryptocurrencies and NFTs,” concluded InformationWeek.

For more news, information, and strategy, visit the Crypto Channel.

Loading Articles...
Our Sites
  • VettaFi
  • Advisor Perspectives
  • ETF Trends
Tools
  • ETF Screener
  • Mutual Fund to ETF Converter
  • Head-To-Head ETF Comparison
  • ETF Country Exposure Tool
  • ETF Stock Exposure Tool
  • ETF Database Pro
More Tools
  • Financial Advisor & RIA Center
Explore ETFs
  • ETF News
  • ETF Category Reports
  • Premium Articles
  • Alphabetical Listing of ETFs
  • Browse ETFs by ETF Database Category
  • Browse ETFs by Index
  • Browse ETFs by Issuer
  • Compare ETFs
Information
  • Contact Us
  • Terms of Use and Privacy Policy
  • © 2025 VettaFi LLC. All rights reserved.

Advertisement

Is Your Portfolio Positioned With Enough Global Exposure?

ETF Education Channel

How to Allocate Commodities in Portfolios

Tom LydonApr 26, 2022
2022-04-26

A long-running debate in asset allocation circles is how much of a portfolio an investor should...

Core Strategies Channel

Why ETFs Experience Limit Up/Down Protections

Karrie GordonMay 13, 2022
2022-05-13

In a digital age where information moves in milliseconds and millions of participants can transact...

}
X