Roundhill Ball Metaverse ETF is a passively managed vehicle tracking the Ball Metaverse Index. Metaverse was in the limelight in 2021, but since then investor interest has faded, as pools of capital have been migrating into the broad AI theme. With exposure to cryptocurrencies, METV's portfolio is heavy in expensive growth stocks, which is a risk considering valuations are being tested amid inflation concerns.
Remember that time the metaverse was a big deal and would change the way we worked, played and interacted with one another? Yeah, good times.
The metaverse is still very much alive and well, creating opportunities for some of the top metaverse stocks. At the moment, we're seeing metaverse growth in gaming and e-commerce.
Investors can now get exposure to ether and bitcoin via Roundhill Investments' popular metaverse ETF. The Roundhill Ball Metaverse ETF (METV) added positions in Canadian ETFs providing access to ether and bitcoin during the fund's quarterly rebalance in June.