• Press Releases
    • Submit a press release
    • Read All
  • Contact us
Advertise
Bitcoinist.com
Buy Neo Pepe
No Result
View All Result
🚀 BUY NEO PEPE PROTOCOL 🚀
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Breaking News: Commerce Department To Release Blockchain Statistics, Says Lutnick
🚀 BUY NEO PEPE PROTOCOL 🚀
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Bitcoinist.com
No Result
View All Result
Breaking News: Commerce Department To Release Blockchain Statistics, Says Lutnick
Metaverse

Fidelity Investments Extends Offerings By Focusing On Metaverse And ETFs

anushsamal
by anushsamal
3 years ago
·
Posted in metaverse
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

International investment firm Fidelity Investments has decided to invest in metaverse companies. Fidelity Investments has now launched four new exchange-traded funds (ETFs) which would focus on two new products in order to tap into the incipient Web3 space.

The ETFs shall focus on three broad criteria namely, cryptocurrencies, the metaverse and environmental, social and governance (ESG).

The Fidelity Metaverse ETF (Ticker FMET) and the Fidelity Crypto Industry and Digital Payments ETF (FDIG) have come into effect on Thursday, 21st April.

The Fidelity Crypto Industry and Digital Payments ETF do not give direct access to cryptocurrencies, however, it shall invest in the companies that support the digital asset industry.

Fidelity Investments shall be responsible for building and contributing toward the “future state of the internet”.

Competition In The Already Crowded Metaverse?

Fidelity is entering an already crowded market where a dozen of ETFs already continue to trade the market. In addition to that, there are many firms that have decided to launch “thematic” funds for the younger generation.

We continue to see demand, particularly from young investors, for access to the rapidly growing industries in the digital ecosystem, and these two thematic ETFs offer investors exposure in a familiar investment vehicle, said Greg Friedman, Fidelity’s Head of ETF Management and Strategy.

As mentioned above, younger generations have become increasingly familiar with the metaverse.

Along with that a lot of awareness about where the metaverse could be headed has pushed the younger generation into exploring further.

BlackRock Inc. is among one those firms that have focused on “thematic” funds catering to the younger population.

Fidelity could face tough competition when it comes to the thematic environment with a lot of firms already operating within the space. The firm’s size and scale are, however, likely to give it an edge over its immediate competitors.

Senior ETF Analyst from Bloomberg, Eric Balchunas, also mentions in his tweet that the investment firm has reportedly entered the market having the lowest fee among the four other ETFs that are tracking the Metaverse.

Fidelity also recently launched a metaverse which is Decentraland-based that is called the “Fidelity Stack”. This is aimed at educating retail investors about the basics of investment.

Related Reading | How Crypto Company Circle Announces $400M With Support From Giants BlackRock And Fidelity

Fidelity Had Also Aimed To Launch A Bitcoin Spot ETF

Fidelity has kept pushing for this revolutionary devising to democratize investing which are ETFs. The Securities and Exchange Commission however hasn’t complied.

The U.S Financial regulator is yet to come to a decision about this, which is now causing funds to get launched in other countries with much less difficulty.

For instance, Fidelity just launched the ETF in Canada successfully.

Australia too would be receiving two Bitcoin Spot ETFs which have been approved for launch in the country.

The asset manager continues to ready itself to launch Cosmos Purpose Bitcoin Access ETF which concerns with investing in Canadian Purpose Bitcoin ETF.

Metaverse
Bitcoin broke below its price floor on the four-hour chart. Image Source: BTC/USD on TradingView

Related Reading | U.S Secret Service Seizes $102 Million Of Crypto Assets Linked To Criminals

Featured image from Unsplash.com, charts from TradingView.com
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
anushsamal

anushsamal

Follow

Full Profile

Related Posts

Metaverse

Metaverse On Watch: China Reportedly Considering Integration Of Social Credit System

2 years ago
metaverse

McDonald’s Launches McNuggets-Themed Metaverse In Hong Kong

2 years ago
Binance SEC Metaverse

Blow For Metaverse, SEC Classifies SAND And MANA As Securities

2 years ago
Epic Games

Epic Games CEO Laughs Off ‘Death’ Of Metaverse, Says 600 Million To Attend Its ‘Wake’

2 years ago
Shiba Inu

Hollywood’s Attention Turns To SHIB Metaverse, Shiba Inu Advisor Reveals

2 years ago
MetaPoint Metaverse Platform Suffers Exploit, Losing Almost $1M

MetaPoint Metaverse Platform Suffers Exploit, Loses Almost $1 Million

2 years ago
Please login to join discussion

Premium Sponsors

Press Releases

  • miner

    Digital asset mining accelerates: FY Energy Cloud Mining...

    22 minutes ago
  • Най-добрата криптовалута за покупка

    Най-добрата криптовалута за...

    2 hours ago
  • Cloud Mining

    Can Cloud Mining Earn You $100,000 a Month? The Most...

    19 hours ago
  • ETNCrypto

    Win $100 Free Bonus: ETNCrypto Cloud Mining Launches Daily...

    20 hours ago
  • Ripple ecosystem expands: Gemini launches XRP credit card...

    20 hours ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Buy Neo Pepe

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

About Us

  • Advertise
  • Contact us
  • Editorial Policy
  • Privacy Policy
© 2025 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
      • Crypto Betting
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Advertise

© 2025 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.