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The Crypto Report: First Metaverse ETF to launch in Europe, Bitcoin and Ethereum retreat

The Crypto Report: First Metaverse ETF to launch in Europe, Bitcoin and Ethereum retreat

Bitcoin and Ethereum both retreated, losing some of the gains made yesterday as the US and President Joe Biden move to regulate digital tokens.

Bitcoin fell 5.67%, back below US$40,000 to US$39,356, while Ethereum was down 5.18% to US$2,596.

Europe’s first Metaverse thematic exchange-traded fund will launch in London this month.The UCITS Metaverse ETF, launched by HanEtf and ETC Group, will list on the London Stock Exchange, and will track the Solactive ETC Group Global Metaverse Index.

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