Megaphone icon ETF Database is now VettaFi. Read More >
ETFdb Logo
ETFdb Logo
  • Channels
    • Active ETF
    • Alternatives
    • Beyond Basic Beta
    • China Insights
    • Climate Insights
    • Commodities
    • Core Strategies
    • Crypto
    • Disruptive Technology
    • Dividend
    • Dual Impact
    • Emerging Markets
    • Energy Infrastructure
    • Entrepreneur ETF
    • Equity ETF
    • ESG
    • ETF Building Blocks
    • ETF Education
    • ETF Strategist
    • Fixed Income
    • Future ETFs
    • Gold & Silver Investing
    • Innovative ETFs
    • Institutional Income Strategies
    • Leveraged & Inverse
    • Managed Futures
    • Modern Alpha
    • Multi-Asset
    • Multi-Factor
    • Nasdaq Investment Intelligence
    • Portfolio Strategies
    • Retirement Income
    • Smart Beta
    • Thematic Investing
    • Volatility Resource
  • Database
  • 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
    • Top ETF Sectors
    • Top ETF Issuers
    • Top ETF Industries
  • Webcasts
    • ETFs Future-Forward 2021: An iShares Investing Symposium
    • Three Themes for 2021: An iShares & MSCI Investing Symposium
  • Themes
    • AI ETFs
    • Blockchain ETFs
    • See all Thematic Investing ETF themes
    • ESG Investing
    • Marijuana ETFs
  • Videos & Podcasts
    • ETF 360 Video Series
    • ETF Trends on Videos
    • ETF Trends on Podcasts
    • ETF Prime Podcast
  • PRO
    • Pro Content
    • Pro Tools
    • Advanced
    • FAQ
    • Pricing
    • Free Sign Up
    • Login
  1. ProShares Announces Launch of Metaverse ETF
News
Share

ProShares Announces Launch of Metaverse ETF

James ComtoisMar 17, 2022
2022-03-17

ProShares today announced the launch of the ProShares Metaverse ETF (VERS). VERS is designed to give investors access to leading companies shaping the next frontier of digital interactions.

The fund includes a range of subthemes like technology, platforms, devices, interchange standards, and data processing that are all tied to the growth of the metaverse economy. VERS tracks the Solactive Metaverse Theme Index, which tracks 40 companies spanning a broad range of industries, from device makers to data processers, as well as social media, gaming, and other platforms that facilitate digital interaction.

“The metaverse may be as impactful on society as the arrival of the internet or the mobile phone, and the investment opportunity has the potential to be just as compelling,” said Michael L. Sapir, ProShares Founder, and CEO. “VERS provides investors with a diversified basket of innovative companies positioned to potentially benefit from the metaverse’s rapid rise.”

In addition to featuring Meta, Amazon, Apple, Netflix, and Google, the index also includes companies behind the underlying technology, making the metaverse a reality, like Unity Software, Matterport, and Vuzix. These companies are placing significant stakes in this virtual ground, hoping that its development represents the next phase of the internet.

“The metaverse has the potential to revolutionize a range of industries,” added Scott Helfstein, executive director, thematic investing at ProShares. “In the not-too-distant future, anything from a work meeting to time with family could take place in the metaverse, and VERS provides investors an easy way to access the potential growth.”

For more news, information, and strategy, visit ETF Trends.


Content continues below advertisement

» Popular Pages

  • Tickers
  • Articles

May 27

Bearish Traders Target Bitcoin ETF During Crypto's Fall

May 27

"In Gold We Trust" Sees Gold at $2,000 by Year's End

May 27

Exposure to Rebounding Consumer Discretionary With RCD

May 27

Fed Ready to Slow Economy: Investing for Stagflation

May 27

JPMorgan Sees Another Upside for Bitcoin

May 27

In Case of Emergency, Induce Vomiting

May 27

Lockdown Not Preventing Chinese Consumers From Spending

May 27

Quant Hedge Funds Having a HeyDay: This ETF Captures

May 27

Tailwinds for This Global Dividend ETF

May 27

Tencent Making Moves That May Benefit This ETF

QQQ

Invesco QQQ Trust

SPY

SPDR S&P 500 ETF Trust

VOO

Vanguard S&P 500 ETF

DBA

Invesco DB Agriculture Fund

XLE

Energy Select Sector SPDR...

WEAT

Teucrium Wheat Fund

VTI

Vanguard Total Stock Market...

ARKK

ARK Innovation ETF

SCHD

Schwab US Dividend Equity ETF...

VGT

Vanguard Information...


Content continues below advertisement

Loading Articles...
Help & Info
  • Contact Us
  • Mission Statement
  • Press
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
  • © ETF Flows LLC
Follow ETF Database
Follow ETF Database

Advertisement

Is Your Portfolio Positioned With Enough Global Exposure?

Equity ETF Channel

Retirement Portfolio Redux: Is the 60%-40% Portfolio Dead?

Debbie CarlsonOct 22, 2020
2020-10-22

With the 10-year U.S. Treasury yield hovering below 1% and Federal Reserve Chairman Jerome Powell...

Equity ETF Channel

Portfolio Diversification Isn't Dead, It Was Just Sleeping

Debbie CarlsonOct 15, 2020
2020-10-15

Investors could be forgiven to think there was no reason to invest outside of the U.S. for the...

}
X