Invesco Has A New Metaverse-Oriented Investment Fund

A New Metaverse-Focused Investment Fund Is Now Available From Invesco

Invesco has a new metaverse-focused investment fund with a diversified portfolio that will invest in large, mid-sized, and small-cap companies that operate in virtual reality.

Invesco is a U.S.-based investment management firm.

The financial institution submitted paperwork in 2017 to establish two crypto-based ETFs in the United States. In the end, however, it attacked the US SEC for its adverse stance on such products and abandoned its goals.

All aboard the Metaverse Express!

According to Citywire, Invesco is the most recent major corporation to join the Metaverse. As previously reported, Invesco has a new metaverse-focused investment fund that will invest in U.S., Asian, and European companies with an augmented reality presence.

Manager of the feature will be Tony Roberts, with James McDermottroe serving as Deputy Fund Manager. Both individuals are employed by Invesco’s Asia & Emerging Markets unit in the United Kingdom.

The Invesco Metaverse fund will focus on multiple crucial sectors, including next-generation operating and computer systems, hyperconnectivity networks, immersive platforms developed with artificial intelligence, and Metaverse-accessible products and gadgets.

Roberts stated in a statement that by 2030, virtual and augmented reality might contribute $1.6 trillion to the global economy.

The head of UK distribution for Invesco, Alexander Millar, has claimed that the company strives to offer its clients “best-in-class solutions,” one of which is the Metaverse.

Investing in Exchange-Traded Funds: Invesco’s Efforts

The Invesco Galaxy Crypto Economy ETF and the Invesco Galaxy Blockchain Economy ETF were both announced for release by the investment management firm in 2018. Together, they represent a market capitalization of about $1.6 trillion.

By the end of 2021, however, the firm had reversed course, citing unsuitable regulations from the US SEC as the reason. Investors would have found the product too “expensive,” according to Anna Paglia, global head of ETFs and indexed strategies at Invesco.

However, the company eventually listed a Bitcoin Spot ETN with the German stock market operator “Xetra.” “Physically safeguarded access to Bitcoin performance” is what the “Invesco Physical Bitcoin” ETN (ticker: BTIC) is all about.

  • bitcoinBitcoin (BTC) $ 19,440.41 0.41%
  • ethereumEthereum (ETH) $ 1,331.94 0.15%
  • tetherTether (USDT) $ 1.00 0.07%
  • usd-coinUSD Coin (USDC) $ 0.999598 0.03%
  • bnbBNB (BNB) $ 283.03 0.38%
  • xrpXRP (XRP) $ 0.485708 10.97%
  • binance-usdBinance USD (BUSD) $ 0.999551 0.14%
  • cardanoCardano (ADA) $ 0.435858 0.66%
  • solanaSolana (SOL) $ 33.97 1.55%
  • dogecoinDogecoin (DOGE) $ 0.060676 0.28%
  • polkadotPolkadot (DOT) $ 6.43 0.3%
  • shiba-inuShiba Inu (SHIB) $ 0.000011 0.56%
  • daiDai (DAI) $ 0.999721 0.01%
  • staked-etherLido Staked Ether (STETH) $ 1,328.95 0.31%
  • matic-networkPolygon (MATIC) $ 0.770995 3.78%
  • tronTRON (TRX) $ 0.061035 1.68%
  • avalanche-2Avalanche (AVAX) $ 17.32 0.8%
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 19,466.53 0.51%
  • uniswapUniswap (UNI) $ 6.29 2.38%
  • leo-tokenLEO Token (LEO) $ 4.48 9.44%
  • okbOKB (OKB) $ 16.04 3.83%
  • chainlinkChainlink (LINK) $ 7.85 1.73%
  • litecoinLitecoin (LTC) $ 53.80 1.16%
  • ethereum-classicEthereum Classic (ETC) $ 27.65 1.04%
  • cosmosCosmos Hub (ATOM) $ 12.97 0.71%
  • ftx-tokenFTX (FTT) $ 24.21 0.92%
  • stellarStellar (XLM) $ 0.115468 6.88%
  • nearNEAR Protocol (NEAR) $ 3.58 0.52%
  • crypto-com-chainCronos (CRO) $ 0.110670 0.04%
  • moneroMonero (XMR) $ 148.48 1.09%
  • algorandAlgorand (ALGO) $ 0.350678 1.19%
  • bitcoin-cashBitcoin Cash (BCH) $ 116.88 2.09%
  • quant-networkQuant (QNT) $ 136.00 3.59%
  • flowFlow (FLOW) $ 1.69 3.19%
  • apecoinApeCoin (APE) $ 5.44 1.32%
  • vechainVeChain (VET) $ 0.023326 2.34%
  • filecoinFilecoin (FIL) $ 5.72 1.15%
  • internet-computerInternet Computer (ICP) $ 6.15 2.66%
  • chain-2Chain (XCN) $ 0.074038 0.24%
  • hedera-hashgraphHedera (HBAR) $ 0.057611 0.03%
  • fraxFrax (FRAX) $ 0.998145 0.23%
  • tezosTezos (XTZ) $ 1.44 1.1%
  • decentralandDecentraland (MANA) $ 0.708454 1.42%
  • the-sandboxThe Sandbox (SAND) $ 0.851740 0.59%
  • chilizChiliz (CHZ) $ 0.237364 1.5%
  • eosEOS (EOS) $ 1.19 0.96%
  • axie-infinityAxie Infinity (AXS) $ 12.77 2.83%
  • elrond-erd-2Elrond (EGLD) $ 48.85 3.73%
  • theta-tokenTheta Network (THETA) $ 1.09 1.13%
  • aaveAave (AAVE) $ 76.69 0.15%
  • lido-daoLido DAO (LDO) $ 1.61 0%
  • compound-usd-coincUSDC (CUSDC) $ 0.022653 0.04%
  • bitcoin-svBitcoin SV (BSV) $ 48.80 1.56%
  • paxos-standardPax Dollar (USDP) $ 1.00 0.1%
  • kucoin-sharesKuCoin (KCS) $ 9.27 0.86%
  • true-usdTrueUSD (TUSD) $ 0.999650 0.04%
  • iotaIOTA (MIOTA) $ 0.292756 1.14%
  • ecasheCash (XEC) $ 0.000041 0.41%
  • usddUSDD (USDD) $ 0.999455 0.06%
  • cdaicDAI (CDAI) $ 0.022070 0.07%
  • the-graphThe Graph (GRT) $ 0.099314 0.74%
  • bittorrentBitTorrent (BTT) $ 0.00000078 0.04%
  • zcashZcash (ZEC) $ 56.64 2.94%
  • heliumHelium (HNT) $ 5.42 4.81%
  • makerMaker (MKR) $ 766.82 7.12%
  • pancakeswap-tokenPancakeSwap (CAKE) $ 4.86 2.15%
  • huobi-tokenHuobi (HT) $ 4.47 1.38%
  • gatechain-tokenGate (GT) $ 4.28 0.05%
  • neoNEO (NEO) $ 8.81 2.94%
  • radixRadix (XRD) $ 0.061557 1.25%
  • tokenize-xchangeTokenize Xchange (TKX) $ 7.70 0.16%
  • celsius-degree-tokenCelsius Network (CEL) $ 1.45 0.26%
  • klay-tokenKlaytn (KLAY) $ 0.199369 1.94%
  • fantomFantom (FTM) $ 0.227087 0.68%
  • havvenSynthetix Network (SNX) $ 2.39 0.5%
  • compound-ethercETH (CETH) $ 26.76 0.27%
  • nexoNEXO (NEXO) $ 0.936163 2.09%
  • bitdaoBitDAO (BIT) $ 0.474071 1%
  • pax-goldPAX Gold (PAXG) $ 1,657.90 1.24%
  • osmosisOsmosis (OSMO) $ 1.11 1.44%
  • thorchainTHORChain (RUNE) $ 1.59 1.81%
  • evmosEvmos (EVMOS) $ 1.51 13.15%
  • zilliqaZilliqa (ZIL) $ 0.031351 0.5%
  • rocket-poolRocket Pool (RPL) $ 24.61 0.5%
  • enjincoinEnjin Coin (ENJ) $ 0.462509 1.02%
  • dashDash (DASH) $ 42.27 2.17%
  • basic-attention-tokenBasic Attention (BAT) $ 0.307071 2.52%
  • arweaveArweave (AR) $ 9.12 1.5%
  • blockstackStacks (STX) $ 0.326487 0.88%
  • kavaKava (KAVA) $ 1.54 0.44%
  • defichainDeFiChain (DFI) $ 0.720875 0.92%
  • compound-governance-tokenCompound (COMP) $ 62.36 2.68%
  • xdce-crowd-saleXDC Network (XDC) $ 0.030958 5.36%
  • ravencoinRavencoin (RVN) $ 0.035841 1.93%
  • tether-goldTether Gold (XAUT) $ 1,687.09 0.56%
  • mina-protocolMina Protocol (MINA) $ 0.596721 0.28%
  • terra-luna-2Terra (LUNA) $ 2.47 0.23%
  • ethereum-name-serviceEthereum Name Service (ENS) $ 15.46 1.66%
  • kusamaKusama (KSM) $ 43.04 1.14%
  • stepnSTEPN (GMT) $ 0.644620 0.1%
  • wavesWaves (WAVES) $ 3.85 0.98%
  • loopringLoopring (LRC) $ 0.303685 0.01%
  • celoCelo (CELO) $ 0.811764 3.3%
  • trust-wallet-tokenTrust Wallet (TWT) $ 0.898202 1.25%
  • huobi-btcHuobi BTC (HBTC) $ 19,617.89 1.17%
  • amp-tokenAmp (AMP) $ 0.004812 0.17%
  • decredDecred (DCR) $ 25.72 3.01%
  • nemNEM (XEM) $ 0.040910 1.31%
  • compound-usdtcUSDT (CUSDT) $ 0.021991 0.08%
  • curve-dao-tokenCurve DAO (CRV) $ 0.936775 1.47%
  • holotokenHolo (HOT) $ 0.002059 1.54%
  • ecomiECOMI (OMI) $ 0.001295 0.85%
  • bitcoin-goldBitcoin Gold (BTG) $ 20.52 0.1%
  • reserve-rights-tokenReserve Rights (RSR) $ 0.008115 0.42%
  • 1inch1inch (1INCH) $ 0.584464 0.14%
  • convex-financeConvex Finance (CVX) $ 4.91 1%
  • gmxGMX (GMX) $ 40.51 2.35%
  • theta-fuelTheta Fuel (TFUEL) $ 0.053738 0.41%
  • oasis-networkOasis Network (ROSE) $ 0.061404 0.39%
  • gemini-dollarGemini Dollar (GUSD) $ 0.996945 0.28%
  • gnosisGnosis (GNO) $ 119.32 0.2%
  • galaGala (GALA) $ 0.040711 1.5%
  • olympusOlympus (OHM) $ 10.83 0.37%
  • terrausdTerraClassicUSD (USTC) $ 0.030652 0.38%
  • qtumQtum (QTUM) $ 2.86 1.5%
  • maiar-dexMaiar DEX (MEX) $ 0.000049 3.74%
  • nxmNexus Mutual (NXM) $ 43.62 0.29%
  • serumSerum (SRM) $ 0.774055 2.45%
  • iostokenIOST (IOST) $ 0.011858 1.31%
  • safemoonSafeMoon [OLD] (SAFEMOON) $ 0.00000001 0.77%
  • frax-shareFrax Share (FXS) $ 4.14 1.78%
  • kadenaKadena (KDA) $ 1.40 0.4%
  • iotexIoTeX (IOTX) $ 0.029402 3.52%
  • golemGolem (GLM) $ 0.261009 0.19%
  • synapse-2Synapse (SYN) $ 1.38 1.11%
  • yearn-financeyearn.finance (YFI) $ 8,147.48 0.87%
  • msolMarinade staked SOL (MSOL) $ 36.19 1.62%
  • ankrAnkr (ANKR) $ 0.030790 2.12%
  • convex-crvConvex CRV (CVXCRV) $ 0.886613 0.03%
  • oec-tokenOKC (OKT) $ 14.09 1.33%
  • harmonyHarmony (ONE) $ 0.020027 1.85%
  • omisegoOMG Network (OMG) $ 1.73 1.27%
  • juno-networkJUNO (JUNO) $ 3.92 3.54%
  • livepeerLivepeer (LPT) $ 9.04 1.6%
  • escoin-tokenEscoin (ELG) $ 3.16 0.21%
  • 0x0x (ZRX) $ 0.268975 0.67%
  • zelcashFlux (FLUX) $ 0.814019 1.88%
  • justJUST (JST) $ 0.025019 1.32%
  • tensetTenset (10SET) $ 1.19 3.13%
  • iconICON (ICX) $ 0.240639 0.68%
  • sushiSushi (SUSHI) $ 1.11 2.08%
  • magic-internet-moneyMagic Internet Money (MIM) $ 0.996975 0.09%
  • tether-eurtEuro Tether (EURT) $ 0.979732 1.23%
  • ontologyOntology (ONT) $ 0.226262 1.91%
  • balancerBalancer (BAL) $ 5.41 2.16%
  • optimismOptimism (OP) $ 0.896793 0.17%
  • merit-circleMerit Circle (MC) $ 0.668744 2.27%
  • linkLINK (LN) $ 30.11 1.65%
  • nucypherNuCypher (NU) $ 0.151420 0.35%
  • waxWAX (WAXP) $ 0.085159 1.24%
  • baby-doge-coinBaby Doge Coin (BABYDOGE) $ 0.00000000 0.27%
  • zencashHorizen (ZEN) $ 14.15 2.12%
  • siacoinSiacoin (SC) $ 0.003490 1.01%
  • hiveHive (HIVE) $ 0.483499 0.3%
  • audiusAudius (AUDIO) $ 0.215400 0.11%
  • moonbeamMoonbeam (GLMR) $ 0.450811 0.28%
  • immutable-xImmutable X (IMX) $ 0.759514 2.36%
  • alchemix-usdAlchemix USD (ALUSD) $ 0.998650 0.28%
  • constellation-labsConstellation (DAG) $ 0.067791 6.29%
  • liquity-usdLiquity USD (LUSD) $ 1.03 0.08%
  • ethosVoyager VGX (VGX) $ 0.597362 4.73%
  • chiaChia (XCH) $ 33.37 1.29%
  • secretSecret (SCRT) $ 0.954426 0.32%
  • songbirdSongbird (SGB) $ 0.019735 6.43%
  • safemoon-2SafeMoon (SFM) $ 0.000297 0.54%
  • dydxdYdX (DYDX) $ 1.28 1.09%
  • umaUMA (UMA) $ 2.33 0.35%
  • dao-makerDAO Maker (DAO) $ 1.39 2.48%
  • ergoErgo (ERG) $ 2.39 0.84%
  • neutrinoNeutrino USD (USDN) $ 0.969967 0.38%