BlackRock opens a separate door to the Metaverse for VIP clients
World’s largest asset manager BlackRock is launching a new metaverse ETF to facilitate investors’ access to Play-to-Earn, AR, VR, and other metaverse-related projects.
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The document notes that “this material is for distribution to professional clients (as defined by the Financial Conduct Authority or MiFID Rules) and qualified investors only.” That is, no mere mortals with a couple of hundred bucks in their pockets are allowed entry.
We don't need a separate door. BlackRock's money will automatically drive the entire sector up, and that’s a good thing for everyone.
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