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Stock impact report

Duelling metaverse ETFs set to launch in Canada, with different approaches to futuristic space [Financial Post (Toronto, Ontario, Canada)]

Matterport, Inc. - Class A (MTTR) 
Company Research Source: Financial Post
Article content Metaverse ETFs will hit Canadian markets for the first time Monday as both Toronto-based Horzions ETFs and Evolve ETFs launch funds tracking companies involved in the space. Advertisement Article content The Horizons Global Metaverse Index ETF (MTAV) will target a number of segments that overlap with the metaverse, including: augmented and virtual reality; the creator economy, in which companies provide platforms for individuals to create and share content; digital infrastructure; gaming; and digital payments. Some of the companies you can expect to find on the index include Meta (formerly Facebook), Snap, Adobe and digital infrastructure leaders such as Microsoft and Oracle. Steve Hawkins, president and chief executive officer, said that while companies like Meta brought the metaverse to the zeitgeist, the portfolio will cast a wider net of companies with the metaverse space. “All of these companies, from our perspective, are impacted by the metaverse i Show less Read more
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