ETFdb Logo
ETFdb Logo
  • ETF Database
  • Channels
    • Active ETF
    • Alternatives
    • Beyond Basic Beta
    • China Insights
    • Climate Insights
    • Commodities
    • Core Strategies
    • Crypto
    • Disruptive Technology
    • Dividend
    • Dual Impact
    • Emerging Markets
    • Energy Infrastructure
    • ESG
    • ETF Building Blocks
    • ETF Education
    • ETF Strategist
    • Fixed Income
    • Free Cash Flow
    • Future ETFs
    • Global Diversification
    • Gold & Silver Investing
    • Innovative ETFs
    • Institutional Income Strategies
    • Leveraged & Inverse
    • Managed Futures
    • Market Insights
    • Megatrends
    • Modern Alpha
    • Multi-Asset
    • Night Effect
    • Portfolio Strategies
    • Retirement Income
    • Richard Bernstein Advisors
    • Tax Efficient Income
    • Thematic Investing
    • Volatility Resource
  • Tools
    • ETF Screener
    • ETF Country Exposure Tool
    • ETF Sector Tracker Tool
    • ETF Database Categories
    • Head-To-Head ETF Comparison Tool
    • ETF Stock Exposure Tool
    • ETF Issuer Fund Flows
    • Indexes
    • Mutual Fund To ETF Converter
    • ETF Data for Journalists
    • ETF Nerds
  • Research
    • First Bitcoin ETF
    • 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 Trends on Videos
    • ETF Trends on Podcasts
    • ETF Prime Podcast
  • Company
    • About Us
    • Swag Store
  • PRO
    • Pro Content
    • Pro Tools
    • Advanced
    • FAQ
    • Pricing
    • Free Sign Up
    • Login
  1. Crypto Channel
  2. How Nvidia Is Powering the Future of the Metaverse
Crypto Channel
Share

How Nvidia Is Powering the Future of the Metaverse

Karrie GordonJan 31, 2022
2022-01-31

Nvidia continues to be a pioneer and innovator within its industry, now turning its focus to the metaverse. The inventor of the GPU, Nvidia is no stranger to trailblazing and paving the way for growth within the technology sector, and it now has staked a claim in the metaverse that it hopes will grow the space from the ground up, reports Venture Beat.

Nvidia has announced that it will be giving free licenses to its Omniverse software, an open platform made for collaborating virtually and working on real-time simulations that are physically accurate, to creatives and artists. The caveat? The free licenses are only for individual creators in hopes of promoting growth at the grassroots level.

This strategy is a stark contrast to the approach to the metaverse that other companies have taken, in which they seek to control every aspect of the projects and all of the related data, and is one that will empower creators of all types. By encouraging this type of development and growth, the metaverse could be better fleshed out as an attractive virtual space with wholly unique offerings that bring both consumers and investors.

“Nvidia understands unleashing creative energy to make products and experiences in the metaverse is what will make it exciting and attractive to consumers. New arrivals in these virtual worlds will seek creative and artistic experiences that can’t be found anywhere else,” writes Jerod Venema, founder and CEO of LiveSwitch and author of the article.

By open-sourcing its platform and tools to individual creators, Nvidia can encourage growth, exploration, and new developments at a much more rapid pace, as well as continue to drive innovation within the metaverse and potentially other platforms as well.

Investing in Nvidia and Innovation

Nvidia is one of the top holdings within the Amplify Transformational Data Sharing ETF (BLOK B-), an ETF that offers diversified exposure to the major companies working within and alongside blockchain.

BLOK currently has $905 million in AUM, is actively managed, and invests in companies directly involved in developing and using blockchain technology. BLOK was also the first blockchain ETF approved by the SEC and launched in 2018.

The fund invests in companies partnered with or directly investing in companies utilizing and developing blockchain technologies. However, the fund does not invest directly in blockchain technology or cryptocurrencies.

BLOK spreads its holdings across the size spectrum, investing in all market caps. As of the end of December, top allocations within the blockchain industry included transactional at 38.0%, crypto miners at 23.0%, and venture at 11%. BLOK invests across the blockchain landscape, in miners, exchanges, and developers.

Top holdings include CME Group at 4.53%, SBI Holdings at 4.42%, and Nvidia (NVDA) at 4.38%.

BLOK has an expense ratio of 0.71% and currently has 45 holdings.

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


Content continues below advertisement

Loading Articles...
Help & Info
  • Contact Us
Tools
  • ETF Screener
  • ETF Analyzer
  • Mutual Fund to ETF Converter
  • Head-To-Head ETF Comparison
  • ETF Country Exposure Tool
  • ETF Stock Exposure Tool
  • ETF Performance Visualizer
  • ETF Database Model Portfolios
  • ETF Database Realtime Ratings
  • ETF Database Pro
More Tools
  • ETF Launch Center
  • Financial Advisor & RIA Center
  • ETF Database RSS Feed
Explore ETFs
  • ETF News
  • ETF Picks of the Month
  • ETF Category Reports
  • Premium Articles
  • Alphabetical Listing of ETFs
  • Best ETFs
  • Browse ETFs by ETF Database Category
  • Browse ETFs by Index
  • Browse ETFs by Issuer
  • Compare ETFs
Legal
  • Terms of Use and Privacy Policy
  • © 2023 VettaFi LLC. All rights reserved.
Follow ETF Database
Follow ETF Database

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