Followers | 2 |
Posts | 1540 |
Boards Moderated | 0 |
Alias Born | 05/06/2017 |
Monday, March 21, 2022 9:04:24 AM
source
https://finance.yahoo.com/quote/VERS?p=VERS&.tsrc=fin-srch
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ProShares Launches Metaverse ETF, Expands Innovative Fund Lineup to the Internet’s Next Frontier.
Source
https://finance.yahoo.com/news/proshares-launches-metaverse-etf-expands-123000315.html
- VERS ETF is designed to capture the evolving metaverse investment opportunity across a range of technology-focused industries.
ProShares, a premier provider of ETFs, today launched a Metaverse ETF (VERS). VERS is designed to give investors access to leading companies shaping the next frontier of digital interactions.
"The metaverse may be as impactful on society as the arrival of the internet or the mobile phone, and the investment opportunity has the potential to be just as compelling," said Michael L. Sapir, ProShares Founder and CEO. "VERS provides investors with a diversified basket of innovative companies that are positioned to potentially benefit from the metaverse’s rapid rise."
ProShares’ VERS ETF tracks the Solactive Metaverse Theme Index, which relies on state-of-the-art algorithms designed to capture the metaverse investment opportunity as it evolves. The index tracks 40 companies spanning a broad range of industries – from device makers to data processers, as well as social media, gaming, and other platforms that facilitate digital interaction. These companies are placing significant stakes in this virtual ground with the hope that its development represents the next phase of the internet.
"The metaverse has the potential to revolutionize a range of industries," said Scott Helfstein, executive director, thematic investing at ProShares. "In the not-too-distant future, anything from a work meeting to time with family could take place in the metaverse, and VERS provides investors an easy way to access the potential growth."
ProShares launched the first bitcoin-linked ETF (BITO) in 2021, building on the firm’s long history of product innovation. VERS is the latest addition to ProShares’ growing lineup of thematic funds, which make it easy to invest in long-term, transformational trends such as the increasing influence of e-commerce, on-demand services, big data, and nanotechnology.
About ProShares
ProShares has been at the forefront of the ETF revolution since 2006. ProShares now offers one of the largest lineups of ETFs, with more than $60 billion in assets. The company is a leader in strategies such as dividend growth, interest rate hedged bond, thematics and geared (leveraged and inverse) ETF investing. ProShares continues to innovate with products that provide strategic and tactical opportunities for investors to manage risk and enhance returns.
Recent WIMI News
- WiMi is Working on the Blockchain Collaborative Hybrid Consensus Algorithm to Optimize Blockchain Performance and Security • PR Newswire (US) • 05/02/2024 03:40:00 PM
- WiMi Hologram Cloud Announced the B-TEC Technology to Enhance Information Security • PR Newswire (US) • 04/23/2024 03:20:00 PM
- WiMi Announced GradingShard Blockchain Sharding Technology • PR Newswire (US) • 04/22/2024 02:30:00 PM
- WiMi Announced an Efficient Connectivity Solution Based on Blockchain Lightweight Architecture 5G IoT • PR Newswire (US) • 04/18/2024 03:00:00 PM
- WiMi Developed a Hybrid Machine Learning Model Based on VMD and SVR to Lead Bitcoin Price Prediction • PR Newswire (US) • 04/08/2024 12:30:00 PM
- WiMi Developed a Lightweight Software Architecture for Payment Systems on a Blockchain Multiplexing Platform • PR Newswire (US) • 03/25/2024 02:30:00 PM
- WiMi Developed a Lightweight Multi-sectoral Data Sharing System Based on Consortium Blockchains • PR Newswire (US) • 03/21/2024 03:00:00 PM
- WiMi Announced a Bitcoin TrustBlock Validator Ensuring Secure and Reliable Transactions • PR Newswire (US) • 03/20/2024 03:40:00 PM
- WiMi Developed a Lightweight Multi-sectoral Data Sharing System Based on Consortium Blockchains • PR Newswire (US) • 03/11/2024 12:30:00 PM
- WiMi Is Researching Blockchain Optimized Data Storage Model Based on Extreme Learning Machine (ELM) Sharding • PR Newswire (US) • 03/08/2024 03:50:00 PM
- WiMi is Researching Federated Blockchain Technology to Build a Decentralized File Storage and Sharing System • PR Newswire (US) • 03/04/2024 01:30:00 PM
- WiMi Developed a New Cryptocurrency Payment System Model Based on Polygon Blockchain • PR Newswire (US) • 02/28/2024 01:30:00 PM
- WiMi Developed Efficient Prediction Models for Cryptocurrency Markets Based on Machine Learning • PR Newswire (US) • 02/27/2024 01:00:00 PM
- WiMi Developed a Blockchain-Based Data Security Model for Large Private Network Transactions • PR Newswire (US) • 02/26/2024 03:30:00 PM
- WiMi Announced MHConsensus Blockchain Algorithm Achieving Efficient Data Management • PR Newswire (US) • 02/16/2024 01:30:00 PM
- WiMi Developed K-Means Algorithm-Based Technology to Improve Security and User Trust in Bitcoin Trading Platforms • PR Newswire (US) • 02/15/2024 02:30:00 PM
- WiMi Announced Weighted PBFT to Improve Blockchain Cross-Chain Consensus Algorithm and Enhance Security and Stability of Blockchain System • PR Newswire (US) • 02/12/2024 04:30:00 PM
- WiMi Announced Multi-View Representation Learning Algorithm for Data Stream Clustering • GlobeNewswire Inc. • 02/05/2024 01:00:00 PM
- WiMi Optimized Cloud Task Scheduling in Cloud Computing Using Group Intelligence Algorithms • GlobeNewswire Inc. • 02/01/2024 01:00:00 PM
- WiMi Developed Holographic Eye-Tracking Focusing System • GlobeNewswire Inc. • 01/29/2024 01:00:00 PM
- WiMi Developed An AI-driven Real-time Spatial Interaction Perception System for Interior Design • GlobeNewswire Inc. • 01/26/2024 01:00:00 PM
- WiMi Developed Interactive System Based on V-BCI Technology Incorporated into Holographic Glasses • GlobeNewswire Inc. • 01/24/2024 01:00:00 PM
- WiMi Developed an LSTM-based Data Analysis System • GlobeNewswire Inc. • 01/22/2024 01:00:00 PM
- WiMi Developed a Trimmed K-Means Algorithm to Detect Crypto Wallet Fraud on the Bitcoin Network • GlobeNewswire Inc. • 01/18/2024 01:00:00 PM
- WiMi is Working on a New Mixed Byzantine Fault Tolerant (MBFT) Algorithm to Enhance Blockchain Fault Tolerance • GlobeNewswire Inc. • 01/16/2024 01:00:00 PM
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM