Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
News: Latest News
Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance Pro.CalendarSectors 

Trackinsight: META ETF attracts half a billion dollars of flows in November

11/23/2021 | 11:30am EST

Investors flocked to ride the metaverse hype after Facebook announced its transition from a social media company to a metaverse company.

The Roundhill Ball Metaverse ETF (META) has more than quadrupled in size in the last three weeks after attracting more than $500 million in inflows. The inflows and the demand for the ETF lifted META's total assets under management from $163 million on October 31st, to $731 million on November 22nd. Investors flocked to ride the metaverse hype after Facebook announced its transition from a social media company to a metaverse company and renaming its company to Meta to reflect the change.

META ETF was launched on June 30th, 2021 and tracks the Ball Metaverse Index. The fund invests in global public companies that are actively involved in the Metaverse, including companies developing the infrastructure, providing gaming engines and revolutionizing digital commerce, content and social experience. Read more about the Metaverse and Metaverse ETFs.

The fund trades on the New York Stock Exchange and charges 0.75% in annual fees. Since inception, META has risen by 8.2%

 

Find and compare over 7,000 ETFs with our free tools:? 

Interested in seeing lists of top performing ETFs? Check out our new Investing Guides:


ę www.trackinsight.com 2021
Latest news
02:35aUpdate on legal claim
AQ
02:34aUK borrows less than expected in Dec, earlier months revised down too
RE
02:33aPub operator Marston's sales lower than pre-pandemic levels on Omicron curbs
RE
02:32aIAG : Berenberg remains Neutral
MD
02:32aNORDEA BANK ABP : Flagging notification in accordance with Chapter 9, Section 10 of the Securities Markets Act (BlackRock, Inc.)
AQ
02:32aAIR FRANCE-KLM : Receives a Sell rating from Berenberg
MD
02:32aLUFTHANSA AG : Berenberg sticks Neutral
MD
02:32aCYAN AG : Adrian Shatku appointed to the Supervisory Board
EQ
02:32aFLATEXDEGIRO AG : Notification and public disclosure of transactions by persons
EQ
02:31aChina says 2021 fiscal revenues rise 10.7% yr/yr
RE
Latest news