Roundhill Ball Metaverse ETF’s AUM Shows the Metaverse Space is Just Starting

The metaverse space has gained huge attention in recent weeks, and the massive investment in the space shows that the development is just starting.

META ETF Now has Over $250M in AUM

The Roundhill Ball Metaverse ETF (“META ETF”) has reached $250 million in assets under management. The latest development comes as the investments into the metaverse space grew astronomically over the past few weeks.

Facebook announced a few weeks ago that it has rebranded to Meta in a bid to explore the metaverse space. As a result, investment vehicles in the metaverse space have seen an influx of investors seeking to gain early entry into the space.

According to Roundhill Investments, the META ETF crossed $50 million in six weeks, $100 million in nine, and the $250 million mark in 18 weeks. Matthew Ball, Founder of Ball Metaverse Research Partners, is excited with this latest development and attributes it to the growing demand for metaverse companies.

“I’m glad so many investors see this potential and have chosen the META ETF for exposure to what we – and many others – believe is a multi-trillion-dollar opportunity,” Ball added. The META ETF allows investors to gain exposure to the metaverse by providing investment results close to the performance of the Ball Metaverse Index (“BALL META Index”).

The META ETF’s top holdings include Nvidia (10.2%), Microsoft (7.3%), Roblox (6.4%), Meta Platforms Inc. (6.2%), and Unity Software (5.0%).

META ETF’s Price Could Soar Higher

META ETF has been performing excellently over the past few days. It is up by 1.52% over the past 24 hours and is trading at $16 per share. Over the past month, the ETF has added nearly 12% to its value.

META’s price could soar higher over the coming weeks and months as the investment in the metaverse space continues to increase. It could reach the $20 mark over the coming weeks if it continues with the current momentum.