5 Best Metaverse ETFs To Buy

2. Fount Metaverse ETF (NYSE:MTVR)

Fount Metaverse ETF (NYSE:MTVR) is an exchange traded fund that tracks an index of almost 50 companies that follow the metaverse theme. The fund was established on October 27, 2021, and has almost $13 million in assets under management as of February 16, 2022. 

One of the leading stocks in Fount Metaverse ETF (NYSE:MTVR)’s portfolio is Meta Platforms, Inc. (NASDAQ:FB), a company that pioneered the vision for the metaverse. Meta Platforms, Inc. (NASDAQ:FB) is a leading tech stock among the smart investors, with 248 hedge funds holding stakes worth $38.5 billion in the company as of Q3 2021. Eagle Capital Management owned a prominent stake in Meta Platforms, Inc. (NASDAQ:FB), with more than 7 million shares valued at $2.4 billion. 

Here is what Weitz Investment Management has to say about Meta Platforms, Inc. (NASDAQ:FB) in its Q4 2021 investor letter:

“A couple of other platform companies deserve a mention as well. Meta Platforms and Alphabet have both been under regulatory scrutiny that has affected their valuations. The threats of punitive action are real, but we have tried to be imaginative about how onerous any fines, rule changes or forced divestitures might be, and we believe that the five year outlook for each is well above average under almost any scenario. So, we include these two in the list of the under-appreciated.”