) exchange-traded fund , is diving into the metaverse as it now plans to launch a new metaverse-focused ETF.with the U.S. Securities and Exchange Commission for an ETF focused on the metaverse, called the ProShares Metaverse Theme ETF.
Subject to approval by the SEC, the proposed ETF will track the performance of the Solactive Metaverse Theme Index , consisting of firms providing or using metaverse-related technologies, including data processing and metaverse devices, the ETF prospectusThe index includes U.S. companies that are listed on the New York Stock Exchange or The Nasdaq Stock Market and meets certain market capitalization and liquidity requirements, ProShares said.
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