Metaverse ETFs are popping up in South Korea and retail investors are piling in
As of Jan. 19, there were eight metaverse ETFs listed in South Korea, drawing over $1 billion in inflows, according to data from Samsung Asset Management, which launched two of the ETFs.
The K-pop industry, with its global popularity, is expected to play an "integral" role in developing the metaverse, says Rahul Sen Sharma, managing partner of index provider Indxx. South Korea's metaverse ETFs were the first to launch in Asia as the buzz around the next generation of the internet grew last year. ETFs are a basket of stocks or bonds that broadly track market indices, and offer investors more diversification.
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