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Invest in the Metaverse?

Kiplinger's Personal Finance

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May 2023

ETF SPOTLIGHT

- KIM CLARK

Invest in the Metaverse?

The metaverse is a wild virtual landscape where you can shoot digital weapons at cartoon zombies, send your avatar to an online concert or try to make real-world money. Fund companies are inviting investors to join this new gold rush via exchange-traded funds with stakes in the chipmakers, game companies, social networks and communications firms that help to create online worlds. The most recent entrant is from ETF giant Blackrock, which introduced the iShares Future Metaverse Tech and Communications ETF in February. 

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