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Regardless of the crypto market plunge BlackRock (BLK. US) plans to launch a second cryptocurrency ETF

According to BlackRock ( BLK. A filing Thursday by the asset management giant plans to launch a second cryptocurrency ETF (iShares Future Metaverse Tech and Communications ETF) that will track Metaverse Corporation. The fund, which does not yet list fees and codes, may track companies that own products or services related to virtual platforms, social media, gaming, digital assets, and augmented reality.

BLK.US Company Profile: BlackRock is committed to providing investment management, risk management and advisory services to institutional and individual clients around the world. Its products include single and multi-asset class portfolios that invest in equities, fixed income, alternative investments and money market instruments. Founded in 1988 by Ralph L. Schlosstein, Susan L. Wagner, Robert Steven Kapito and Laurence Douglas Fink, the company is headquartered in New York.

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