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Metaverse ETFs: What is the Metaverse?<\/h2>\n
In simplest terms, the metaverse is virtual reality. In a literal sense, it\u2019s a collection of digital networks designed to make living, working and playing possible in a fully virtual capacity. Imagine logging online and using a virtual reality headset to look around a full rendered 3D environment where anything is possible.<\/p>\n
It sounds like something out of the hit novel (and film) Ready Player One<\/a>. However,\u00a0the metaverse is quickly becoming a reality. Leading the charge into this new, digital frontier is Meta Platforms (formerly Facebook). Meta has already pioneered simple metaverse applications. For instance, virtual meeting rooms with avatars and VR games that immerse the user in an explorable virtual world. While exciting, these applications are only the beginning of what the metaverse will eventually become.<\/p>\n Meta isn\u2019t the only company buying into the metaverse as an evolution of the internet. Numerous companies are preparing for a wave of virtual reality tech. It\u2019s why investors are turning to metaverse ETFs as they seek to understand the direction of this technology. As well as the companies contributing to it.<\/p>\n When talking about the metaverse, it\u2019s important to understand that there\u2019s a difference between the concept of the metaverse and the different applications of that concept. Specifically, we\u2019re likely to see many different versions of the metaverse that vary across industries and for different purposes. Some of the emerging case studies include:<\/p>\n As the metaverse concept continues to take shape, so will viable applications. Whether for work or entertainment, or as a way to unlock the full potential of the digital era, the metaverse and metaverse ETFs are gaining momentum. And, with so many applications, there are even more opportunities to invest in the companies building the metaverse.<\/p>\n There are a handful of companies building the metaverse<\/a> today. However, their ranks grow larger every day. Meta Platforms is pioneering everything from VR goggles to digital spaces. Snap Inc. is on the cutting edge of augmented reality that can bring your personal likeness to the metaverse. Qualcomm, NVIDIA and Unity are all putting effort into developing the hardware and software that will power the metaverse.<\/p>\n The companies building the metaverse are those dabbling in a few specific technologies. That includes augmented reality (AR), virtual reality (VR), extended reality (XR), mixed reality (MR), blockchain<\/a> and more. As a secondary market, investors need to look at the hardware companies developing access technologies for the metaverse. This includes everything from phones and tablets to VR headsets and immersive gaming rigs.<\/p>\n Despite the novel nature of the emerging metaverse landscape, there are actually quite a few metaverse ETFs to choose from. Many funds are still evolving as the scope and breadth of the metaverse become apparent. If you\u2019re an investor looking more closely at the metaverse and the potential ROI associated with it, some of the most relevant ETFs to explore include:<\/p>\n These metaverse ETFs offer a great mix of variety when it comes to metaverse exposure. They not only focus on companies like Meta Platforms<\/strong> (Nasdaq: FB). They\u2019re inclusive of companies that are powering the metaverse from a hardware, software, entertainment, business and practical standpoints.<\/p>\n Some of the common holdings among these metaverse ETFs include NVIDIA Corporation<\/strong> (Nasdaq: NVDA), Unity Software<\/strong> (NYSE: U) and Apple<\/strong> (Nasdaq: AAPL). As well as Microsoft<\/strong> (Nasdaq: MSFT), Alphabet Inc.<\/strong> (Nasdaq: GOOG), Snap Inc.<\/strong> (NYSE: SNAP) and others.<\/p>\nDifferent Metaverses are Coming to Fruition<\/h2>\n
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Who\u2019s Building the Metaverse?<\/h2>\n
Looking at Current Metaverse ETFs<\/h2>\n
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