According to a recent filing, Blackrock, the New York City-based multinational investment company and the world’s largest asset manager, has plans to create a new exchange-traded fund (ETF) based on metaverse companies. The fund, called the Ishares Future Metaverse Tech and Communications ETF, will track metaverse companies with exposure to virtual reality applications, non-fungible tokens (NFTs), augmented reality, and game-focused finance (gamefi).

ETF Filing Shows Blackrock Plans to Launch a Metaverse Exchange Traded Fund

The world’s largest asset manager by assets under management (AUM), Blackrock, has been pouring more energy into the blockchain and digital asset space of late. On Friday, Bloomberg’s Katherine Greifeld and Vildana Hajric first reported…