Roundhill Investments and Matthew Ball Launch Metaverse ETF (NYSE: META)
NEW YORK, June 30, 2021 / PRNewswire / – Roundhill Investments (“Roundhill”), a registered investment advisor and ETF sponsor focused on developing innovative financial products, today announced the launch of the Roundhill Ball Metaverse ETF (“ETF META”). the ETF META is the world’s first exchange traded product to provide investors with exposure to the rapidly growing Metaverse market. The metaverse is widely understood as a successor state to today’s mobile Internet, but which will involve countless interoperable and persistent virtual worlds, will also be richly integrated into the physical world, thus creating a new medium and a new economy. for work, leisure and innovation. .
The ETF Roundhill Ball Metaverse (“ETF META“) is designed to provide investors with exposure to the Metaverse by tracking, before fees and expenses, the performance of the Ball Metaverse Index (“BALLMETA Index“). The Index is managed by Ball Metaverse Research Partners, a new indexing and research firm led by Matthieu Boule, a seasoned Metaverse investor, advisor and researcher.
âWe see the emergence of the metaverse as as transformative and valuable as the emergence of the mobile Internet and fixed Internet that preceded it. It will likely touch every industry and profession, expanding and / or disrupting today’s leaders, and leading to countless new businesses and technologies, âsaid Matthieu Boule.
The Index was created to provide investors with an efficient and comprehensive way to invest in all major categories and areas of the Metaverse, and commensurate with their likely share of income. More specifically, the index has been developed and will be maintained by a board of experts whose backgrounds and specialist knowledge reflect the range of sectors involved. In addition to Matthieu Boule, the Council includes:
- Jerry heinz, vice president of cybersecurity engineering start-up ActZero and former head of enterprise cloud services at Nvidia, vice president of engineering at Tinder and senior director at Amazon Web Services, where he launched the platform the company’s form of streaming, application and low-latency gaming virtualization;
- Jacob Navok, co-founder and CEO of Genvid Technologies, an interactive streaming technology company, and previously the head of Square Enix’s cloud gaming subsidiary, Shinra Technologies, and led the business development of Square Enix Holdings;
- Jesse walden, managing partner of Variant Fund, and former general partner of Andreessen Horowitz’s crypto fund and founder of Mediachain Labs, a blockchain-based rights platform that was acquired by Spotify; and
- Jonathan glick, former senior vice president of product and technology at The New York Times Electronic Media Company and director of research at GLG, the global network of experts.
Effective June 29 2021, the BALLMETA Index has also added two new members to its Expert Council, who will advise on all methodological changes and subsequent rebalances, starting in the third quarter of 2021. These new experts are:
- Anna Sweet, CEO of Bad Robot Games, former head of content and development strategy at Facebook’s Oculus and senior director of business development at Valve, where she led the growth of Steam and several key hardware initiatives
- Imran Sarwar, former design director and co-producer of Grand Theft Auto V, Grand Theft Auto Online, Red Dead Redemption 2, Red Dead Redemption Online. Grand Theft Auto V was the best-selling title of the seventh and eighth generation of consoles, while Red Dead Redemption 2 was the best-selling title for the eighth generation of consoles.
META’s holdings include GPU companies, such as NVIDIA (7.92% weight), virtual platform providers, such as Tencent (5.90% weight) and Roblox (5.13% weight), cloud computing services, such as Quickly (3.92% weight), and game engines like Unit (3.60% weight).
“We are very excited to be working with Matt and his team to deliver META, a truly one-of-a-kind ETF that provides investors with exposure to a basket of 50 companies that we believe are collectively positioned to lead the future of Internet. Without even including the relevant compute, networking and payment companies, Bloomberg Intelligence recently estimated the market size of the metaverse at 800 billion dollars, highlighting the immense opportunity at hand. “- Will hershey, CEO and co-founder of Roundhill Investments.
For more information on META ETF and a full list of holdings, please visit -> https://www.roundhillinvestments.com/etf/meta/
About Roundhill Investments:
Roundhill Investments is a registered investment advisor focused on developing innovative financial products designed to provide exposure to investment themes that appeal to the next generation of investors. To learn more about the company, please visit roundhillinvestments.com.
About Ball Metaverse Research Partners:
Ball Metaverse Research is a financial and market research collective focused on the ongoing transition of global telecommunications, commerce, and social engagement to today’s Internet replacement platform known as “Metaverse “. In addition to managing the Metaverse Index, Ball Metaverse Research publishes essays and studies on the future of the Internet, entertainment, games and social media, as well as meets and participates in industry settings to promote standards and dialogue between major media and tech entrepreneurs, inventors, activists and businesses.
Investors should carefully consider investment objectives, risks, fees and expenses before investing. To obtain a prospectus or summary prospectus containing this and other information about the META ETF, please call 1-855-561-5728 or visit the website https://www.roundhillinvestments.com/etf/meta/. Read the prospectus and summary prospectus carefully before investing.
There are risks involved in investing, including the possible loss of capital. Esports game companies face intense competition, both nationally and internationally, may have products facing rapid obsolescence, and are heavily dependent on patent protection and intellectual property rights. Such factors can adversely affect the profitability and value of video game companies. Investments in small and mid-capitalization companies may be more volatile and less liquid due to limited resources or product lines and more sensitive to economic factors. The Fund’s investments will be concentrated in one industry or a group of industries, and the value of the Fund’s shares may be riskier and fall more than that of diversified funds. Foreign investment involves social and political instability, market illiquidity, fluctuating exchange rates, high volatility and limited regulatory risks. Emerging markets carry different and greater risks because they are smaller, less liquid and more volatile than more developed countries. Certificates of deposit carry risks similar to those associated with investing in foreign securities but may not provide a return that precisely matches that of the underlying stocks. As an ETF, the fund can trade at a premium or a discount to the net asset value. The shares of any ETF are bought and sold at market price (not at NAV) and are not redeemed individually by the Fund. Due to the costs of buying or selling Shares, including brokerage commissions imposed by brokers and bid / ask spreads, frequent trading of Shares can significantly reduce investment results and an investment in Shares. may not be advisable for investors who plan to make small investments on a regular basis. The Fund may invest in securities issued during initial public offerings. The market value of IPO shares will fluctuate widely due to factors such as the lack of a prior public market, non-seasonal trading, the small number of shares available for trading, and limited information about the issuer. Buying IPO shares can lead to high transaction costs. IPO shares are subject to market risk and liquidity risk. The Fund is a recently incorporated investment company with no previous operating history. The Fund invests in equity securities of SAVS, which mobilize assets to seek potential acquisition opportunities. Please see the prospectus for more details on these and other risks.
Roundhill Financial Inc. serves as an investment advisor. The Funds are distributed by Foreside Fund Services, LLC, which is not affiliated with Roundhill Financial Inc., US Bank or any of their affiliates.
SOURCE Roundhill Investments