Now that growth stocks are struggling, it could be an ideal time for risk-tolerant investors to evaluate the opportunity-rich Metaverse investment papers.
Exchange Traded Funds are a good access point to this subject for those who want to avoid choosing individual Metaverse stocks. In that group Fidelity Metaverse ETF (FMET).. FMET is 2 months old Fidelity Metaverse NRUSD index.
Since it is undeniable that the Metaverse as an investment concept is underpinned by some attractive growth forecasts, new Fidelity ETFs may ultimately prove to be in the right place at the right time. ..
“Major tech companies, venture capital (VC), private equity (PE), start-ups, and established brands are taking advantage of Metaverse opportunities. Companies, VCs, and PE are the first in 2022. Already invested more than $ 120 billion in Metaverse in five months, more than double the $ 57 billion invested in 2021 as a whole, largely driven by Microsoft’s planned acquisition of Activision. $ 69 billion. ” According to McKinsey..
Video game giant Activision (NASDAQ: ATVI) is in the top 10 of FMET. This is just one example of a fund’s large cap exposure. As McKinsey points out, large cap and large cap tech companies are the largest metaverse investors. FMET answers that bell with exposure to Meta Platforms (NASDAQ: META), Alphabet (NASDAQ: GOOG), and Apple (NASDAQ: AAPL), among others.
The appeal of Metaverse investment dissertations is that they are supported by multiple factors. This indicates that there are multiple potential catalysts.
“Multiple factors are driving this investor’s enthusiasm, including ongoing technological advances across the infrastructure needed to run the Metaverse. Demographic tailwinds; increasingly consumer-driven brand marketing and Engagement. Today’s early version of the Metaverse, with applications that span socialization, fitness, commerce, virtual learning, and more, where users are driven primarily by games (some of which boast tens of millions of active players). As you explore, the market is ready, “McKinsey added.
FMET has 60 stocks, giving it a remarkable depth in thematic ETFs, and that depth is important because the possibilities of the Metaverse are enormous. As McKiney points out, Metaverse can impact e-commerce by trillions of dollars, while other industries such as advertising, gaming, and online learning can impact hundreds of billions of dollars. These are staggering predictions and, if accurate, could highlight the long-term appeal of FMET.
“The Metaverse is at a turning point in its evolution, just as the social networks and user-generated content that propelled the transition to Web 2.0 in 2004 created a utopian vision of consumer management and democratization of the Internet.” Said the consulting company.
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