This article is from www.blocknews.com.br and the original article can be read here in Portuguese
Global crypto asset manager Hashdex this week started the booking period for the new metaverse ETF, META11. Starting trading on B3 on June 3, the ETF will offer diversified exposure to cryptocurrencies in the blockchain culture and entertainment segment.
META11 will mirror the “CF Digital Culture Composite Index”, which currently tracks 10 projects, divided into three categories. The first is digital culture protocols, which represents 70% of the total allocation. In this section are the following tokens: Decentraland (MANA), The Sandbox (SAND), Axie Infinity (AXS), Enjin (ENJ), Chiliz (CHZ) and Audius (AUDIO).
The second is the category of supporting protocols (15%), which currently has the following projects: Chainlink (LINK), Polygon (MATIC) and The Graph (GRT). Finally, the third category is registration platforms (15%), represented today by Ethereum (ETH).
META11 is the sixth index fund launched by Hashdex. The coordination of the offer of the new ETF is with Banco Genial, XP Investimentos, NuInvest and BTG Pactual. META11 will have a total administration fee of 1.3% and Hashdex’s estimate that the initial value of the quota is R$50.
“With the launch of this product, we will make it possible to invest in the crypto metaverse ecosystem in a safe and diversified way. It is a promising market, which has a growing adoption around the world”, comments Samir Kerbage, CTO of Hashdex.
In addition to HASH11, which currently has 150,000 investors, in 2021 Hashdex launched BITH11, a 100% green Bitcoin product, and ETHE11, an index fund that invests entirely in Ethereum. This year, the company made available DEFI11, which bets on the disruptive decentralized finance market. And also WEB311, which bets on smart contracts and the internet of the future.