Fidelity to launch more ETFs focused on crypto and metaverse – The National
- Date: 22-Apr-2022
- Source: The National
- Sector:Financial Markets
- Country:Middle East
Fidelity to launch more ETFs focused on crypto and metaverse – The National
Fidelity Investments is launching two crypto-focused exchange-traded funds to try to grab flows from rivals in the nascent space.
The Fidelity Metaverse ETF (FMET) and the Fidelity Crypto Industry and Digital Payments ETF (FDIG) began trading on Thursday.
FMET will primarily invest in companies involved in building out the “future state of the Internet.” FDIG will track blockchain and digital payment processing companies, according to a statement.
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