black rock has launched a metaverse-themed ETF in Europe that uses a relatively unexplored investment approach by leveraging patent data to identify market leaders, innovators and specialists in the space.

The metaverse refers to a future iteration of the Internet that comprises a perceived virtual universe.

the iShares Metaverse UCITS ETF (MTAV NA) has been included in Euronext Amsterdam in US dollars.

The metaverse is a term used to describe the concept of a future iteration of the Internet, made up of persistent and shared 3D virtual spaces linked to a perceived virtual universe.

By combining aspects of social media, online gaming, augmented and virtual reality, e-commerce, and blockchain technology, the metaverse is expected to influence many aspects of people’s lives…