Two metaverse ETFs launch

The race to launch the first metaverse ETF in Canada ended in a tie as two fund managers launched competing funds on Monday.

The Evolve Metaverse ETF (MESH) and the Horizons Global Metaverse ETF (MTAV) began trading on the Toronto Stock Exchange. Evolve’s fund will actively invest in a mix of stocks that are involved in the development of the metaverse. Horizons’s fund will replicate the performance of the Solactive Global Metaverse Index.