Metaverse-focused exchange-traded funds overtake blockchain

Exchange-traded funds with a focus on the metaverse have become a hit among financiers compared to blockchain and the Internet The metaverse has become the most popular concept in the history of exchange-traded funds (ETFs). This is reported by the Financial Times, citing data from research firm Morningstar. A total of 35 metaverse-focused ETFs have been listed since June 2021, according to released data.. For comparison, there are only 29 exchange-traded funds with a focus on the Internet.. There are even fewer funds focusing on blockchain – 23 pieces. Source: Metaverse-focused ETF capital inflows totaled $2.6 billion between October 2021 and February 2022, according to Morningstar. However, since then, the flow of money into exchange-traded funds has almost stopped. Despite the virtual absence of technology, Wall Street financial giants predict a bright future for the virtual world market. For example, Citi analysts previously predicted the growth of the metaverse to 5 billion users by 2030.. The income from technology is estimated at $8-$13 trillion. As analysts from the consulting firm Metaversed found out, the volume of virtual worlds in the fourth quarter of 2022 amounted to 148 pieces.. Most of the users are still on the Web2 model projects. For example, the largest virtual world is recorded in the Roblox metaverse game, which has about 202 million active players on a monthly basis.. Source: In second place is the video game Minecraft with 174 million active players. The top three was closed by the game Fortnite with 81 million players. Projects focusing on the Web3 model have a much smaller user audience, but the number of such worlds is much larger than that of Web2 video games. For example, the blockchain game Axie Infinity collects only 700,000 players every month. In second place is Upland with 600,000 users, and NFTWorlds with 500,000 users closes the top three. The reader is solely responsible for any actions taken by him on the basis of information received on our website.