Fidelity Launches Two ETFs Tracking Metaverse and Crypto Sectors

Fidelity Investments Inc., a multinational financial services corporation based in Boston, announced Tuesday the launch of two new thematic exchange-traded funds (ETFs) – Fidelity Crypto Industry and Digital Payments ETF (FDIG) and Fidelity Metaverse ETF (FMET).

The two ETFs will track and reflect the performance of companies exposed to the metaverse and cryptocurrency sectors.

Fidelity Crypto Industry and Digital Payments ETF will not provide direct exposure to cryptocurrency. Still, they will allow investors to invest in companies that support the broader digital assets ecosystem, including those involved in crypto trading, and digital payments processing, and blockchain technology.