Invesco Offers Investors Exposure to Metaverse

ETF titan’s newest fund, available to investors in Europe, will focus on companies developing the space’s infrastructure

article-image

Blockworks exclusive art by axel rangel

share

key takeaways

  • “The interconnectivity that [the metaverse] enables will likely have a transformative impact across industries,” fund co-manager says
  • Invesco launched two crypto-related ETFs in the US last October

Asset management giant Invesco has launched a metaverse fund as it sees a particularly large opportunity in companies developing the infrastructure required for the space to reach its true potential.

The actively managed fund will invest in companies of all sizes across the US, Asia and Europe and will be available to investors in 14 European countries.

Tony Roberts and James McDermottroe, members of Invesco’s UK-based Asia and emerging markets equities team, will co-manage the fund, the firm revealed Monday. 

Roberts cited estimates from PwC in 2020 that virtual and augmented reality could deliver a £1.4 trillion boost to the global economy by 2030.

“While the metaverse’s applications to entertainment are increasingly well-understood, the interconnectivity that it enables will likely have a transformative impact across industries as diverse as healthcare, logistics, education and sport,” Roberts said in a statement. “We will seek to capitalize on these opportunities through a highly selective, valuation-conscious approach.”   

The fund focuses on seven areas, one of which is blockchain. It also is set to invest in devices that offer access to the metaverse, tools allowing interoperability and services that will facilitate the digitization of the real economy.

It is available to investors in the United Kingdom, Germany, France, Netherlands, Finland, Czech, Sweden, Austria, Belgium, Italy, Luxembourg, Norway, Slovakia and Spain, a spokesperson told Blockworks.

Invesco funds with exposure to blockchain

Invesco managed roughly $1.4 trillion in assets as of June 30. The fund group partnered with Elwood Asset Management in March 2019 to launch a blockchain ETF on the London Stock Exchange.  

The company revealed in September 2021 that it was teaming up with Galaxy Digital to create a suite of physically backed digital assets ETFs. It brought to market its Invesco Alerian Galaxy Crypto Economy ETF (SATO) and its Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF the following month. The funds have less than $10 million in assets under management combined. 

Rene Reyna, the firm’s head of thematic and specialty ETF strategy, told Blockworks in an email earlier this month that digital assets remains an emerging investment theme requiring education for many investors. 

“We are committed to the digital asset space and will continue to monitor investor demand and product development opportunities,” she said.


Get the news in your inbox. Explore Blockworks newsletters:

Tags

Upcoming Events

Old Billingsgate

Mon - Wed, October 13 - 15, 2025

Blockworks’ Digital Asset Summit (DAS) will feature conversations between the builders, allocators, and legislators who will shape the trajectory of the digital asset ecosystem in the US and abroad.

Industry City | Brooklyn, NY

TUES - THURS, JUNE 24 - 26, 2025

Permissionless IV serves as the definitive gathering for crypto’s technical founders, developers, and builders to come together and create the future.If you’re ready to shape the future of crypto, Permissionless IV is where it happens.

Brooklyn, NY

SUN - MON, JUN. 22 - 23, 2025

Blockworks and Cracked Labs are teaming up for the third installment of the Permissionless Hackathon, happening June 22–23, 2025 in Brooklyn, NY. This is a 36-hour IRL builder sprint where developers, designers, and creatives ship real projects solving real problems across […]

recent research

Research Report Templates.png

Research

The convergence of DePIN and energy generation aims to address modern grid challenges by incentivizing distributed generation.

article-image

US states are now competing for Bitcoin bragging rights

article-image

The deal is likely to fuel further M&A around derivatives trading and infrastructure, Architect Partners’ Michael Klena says

article-image

Stripe announced Stablecoin Financial Accounts, which will allow businesses to have “stablecoin-powered accounts”

article-image

The deal is made up of $700 million in cash and 11 million shares of Coinbase’s Class A common stock

article-image

Blockworks Research uses numbers to help crypto advance to a higher stage of storytelling