LGIM expands ETF range with metaverse offering

Four new ETFs

Legal & General Investment Management have joined the ranks of companies launching a metaverse ETF as it expands its thematic range with four new ETFs.

Three of LGIM's new ETFs focus on specific themes of optical technology and photonics, emerging cybersecurity and the metaverse, while the latter is based in various global thematic investments. The launch makes LGIM the third firm in a week to launch a metaverse ETF, with both Fidelity International and Franklin Templeton announcing launches yesterday. While optical technology and photonics, emerging cybersecurity and global themes all sit within LGIM's thematic range, the metaverse ETF will be part of the firm's newly created access range, meant to provide exposure to investors seek...