METV Metaverse ETF

What is the ticker symbol for the Roundhill Metaverse ETF?

The Roundhill Metaverse ETF trades on the NYSE Arca under the ticker symbol 'METV'. The Fund previously traded under the symbol 'META' until January 31, 2022.

What are the fees for the Roundhill Metaverse ETF?

The Fund’s gross expense ratio is 0.59% per year.

Can I trade options on the Roundhill Metaverse ETF?

Yes, options trading is available for METV.

Is the Roundhill Metaverse ETF actively managed?

Yes. METV is an actively managed ETF.

What are Metaverse Companies?

Metaverse Companies are foreign and domestic issuers that engage in activities or provide products, services, technologies, or technological capabilities to enable the Metaverse, and benefit from its generated revenues. Metaverse Companies are engaged in activities that fall into one or more of the categories described below. The categories may change over time as technology and consumer behavior evolve. Currently, the seven categories and their descriptions are as follows:

• Hardware: the sale and support of physical technologies and devices used to access, interact with or develop the Metaverse, such as virtual reality headsets, mobile phones, and haptic gloves;
• Compute: the enablement and supply of computing power to support the Metaverse, supporting functions such as physics calculation, rendering, data reconciliation and synchronization, artificial intelligence, and motion capture;
• Networking: the provision of persistent, real-time connections, high bandwidth, and decentralized data transmission by backbone providers, networks, exchange centers, and “last mile” providers;
• Virtual Platforms: the development and operation of immersive digital and often three-dimensional simulations, environments and worlds wherein users and businesses can explore, create, socialize, participate in a wide variety of experiences, and engage in economic activity;
• Interchange Standards: the tools, protocols, formats, services, and engines which serve as actual or de facto standards for interoperability, and enable the creation, operation and ongoing improvements to the Metaverse;
• Payments: the support of digital payment processes, platforms, and operations, including cryptocurrencies, fiat on-ramps to cryptocurrencies, and the financial services and products that provide exposure to cryptocurrencies;
• Content, Assets and Identity Services: the design/creation, sale, re-sale, storage, secure protection and financial management of digital assets, such as virtual goods, as connected to user data and identity.

What is Spatial Computing?

Spatial computing refers to the seamless integration of digital information and the real-world. Spatial computing relies on many new technologies, including depth sensors, projection displays, microLED display, computer vision, 5G networks, head-mounted displays, GPUs, and more. It is possible that in the future, any or all of these technologies will be replaced by technologies that have not yet been discovered.

What will Spatial Computing allow users to do?

As with the Internet and computing at large, spatial computing will enable users to do myriad activities. Examples might include playing squash using a mixed reality headset whereby the user’s racquet and ball are purely virtual, yet the user is playing against a real-world wall, with the headset realistically analyzing and visually representing the ball as it bounces against that wall. In other instances, a user’s headset might display a virtual TV screen mounted on a real-world wall, or enable a user to immersivity explore a video of their child’s birthday years after it occurred. Enterprise applications involve the full real-time, three-dimensional simulations of fleets of vehicles, factories, people, and more, to better enable optimized workflows, reporting, and live decision-making.

Is Spatial Computing distinct from the Metaverse?

The term “spatial computing” was coined in 1993, while the “Metaverse” comes from 1992. Neither term has a firm definition and there are individuals who will define them separately. In the perspective of Roundhill Investments, these terms are largely identical and primarily reflect the fact that in the late 1980s and early 1990s, there was no standard term that referred to a future Internet that enabled multi-dimensional immersion and supported the seamless integration of synthetic information and the physical world. Just as different theorists developed different terms decades ago, different companies are embracing different terms today. Other examples include “the matrix” (coined in 1984), “cyberspace” (also 1984), hyper-digital reality (2021), telexistence (1980s), and more.