Crypto News: BlackRock becomes the latest ETF issuer in the United States to launch a thematic equity fund aimed at companies around the world that are shaping the evolution of the metaverse. The expense ratio of the NYSE Arca-listed iShares Future Metaverse Tech and Communications ETF (IVRS US) is 0.47%.
An Exchange Traded Fund (ETF) is a collection of securities that can be traded on the stock market. It combines the traits of conventional shares and mutual funds because it is a group of securities dispersed across companies, much like a mutual fund, but it can also be traded as a package on the stock market, just like shares.
Even though the metaverse is still in its early stages, the metaverse has already attracted billions of dollars in investment from major technology companies, and new virtual applications for it are constantly being developed. Recently McKinsey report predicted that by 2030, the metaverse could bring in up to $5 trillion in annual revenue and command a market v
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