One of the nftz funds is invested in enterprises such as cryptocurrency miners and cryptocurrency exchanges. an etf that focuses on the crypto-related aspects of the metaverse has experienced a surge in new investors. nftz is an etf that invests in tokens that are not fungible. this year has seen a dramatic rise in the popularity of nfts, digital collectibles linked to the blockchain. defiance said that total trade volume had surpassed $15 billion as of the end of october.
to monitor the first-ever national futures fund, an etf tracking the metaverse, the nftz fund will use a proprietary algorithm. fintech banking startup silvergate and cryptocurrency miners marathon digital holdings and bitfarms are the fund’s largest interests.
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