METV ETF

Remember that time the metaverse was a big deal and would change the way we worked, played and interacted with one another? Yeah, good times.

The metaverse is still very much alive and well, creating opportunities for some of the top metaverse stocks. At the moment, we're seeing metaverse growth in gaming and e-commerce.

Investors can now get exposure to ether and bitcoin via Roundhill Investments' popular metaverse ETF. The Roundhill Ball Metaverse ETF (METV) added positions in Canadian ETFs providing access to ether and bitcoin during the fund's quarterly rebalance in June.

In 2024, technology stocks have slightly lagged behind, while the Energy and Utilities industries have shown strong performance. Portfolio managers are feeling optimistic about a potential scenario without a downturn, but some believe this outlook may be overly positive. The Roundhill Ball Metaverse ETF has experienced a decrease in assets under management, prompting me to lower my rating for the fund due to its higher valuation and declining momentum.

Investors may not want to write metaverse stocks off just yet. According to Market.us, the market could be worth about $2.3 trillion by 2032.

On Thursday, Roundhill Investments launched a pair of ETFs, the Roundhill S&P 500 0DTE Covered Call Strategy ETF (XDTE) and the Roundhill N-100 0DTE Covered Call Strategy ETF (QDTE). Both funds are trading on the Cboe BZX Exchange.

The metaverse has been a costly disaster so far. But don't write the market or the top metaverse stocks off just yet.

The Roundhill Ball Metaverse ETF offers investors exposure to the growing Metaverse sector. METV holds top companies involved in the development and operation of the Metaverse, including Apple, Meta Platforms, NVIDIA, Microsoft, and Roblox. Investing in the Metaverse comes with potential for substantial returns, but also carries risks and higher fees compared to traditional ETFs.

The Roundhill Ball Metaverse ETF provides exposure to the Metaverse through a portfolio of companies actively involved in the space. METV has a high management fee compared to other ETFs, and its historical performance has been weak relative to other tech investment vehicles. Investors seeking exposure to the Metaverse should consider Meta Platforms as an alternative, as it offers exposure to the Metaverse along with other positive investment drivers.