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Metaplanet Joins Amplify Transformational Data Sharing ETF

Business
Updated: 11/28/2024
Metaplanet Joins Amplify Transformational Data Sharing ETF
#Blockchain #Metaplanet #ETFInvestment
Metaplanet has officially been added to the Amplify Transformational Data Sharing ETF (BLOK), a renowned index that invests in leading blockchain-focused companies like Nvidia, MicroStrategy, and SBI Holdings.

Amplify ETF Welcomes Metaplanet

Highlighting blockchain innovation
Metaplanet joins a roster of 53 companies in BLOK, emphasizing its role in blockchain development and utilization. With an estimated starting weight of 2.9%, the firm aligns with industry leaders like Robinhood, Coinbase, and Galaxy Digital.

BLOK is managed by Amplify ETFs, which employs an active strategy to identify and support companies harnessing blockchain in their operations. The ETF has over $930 million in net assets, solidifying its place as a key player in blockchain investments.

Metaplanet’s Growing Recognition

https://x.com/gerovich/status/1861970454518665313

Asia's MicroStrategy leads Bitcoin adoption
Often referred to as “Asia’s MicroStrategy,” Metaplanet holds 1,142 BTC, valued at $109.21 million, and continues to grow its reputation as Japan's leading Bitcoin Treasury Company. CEO Simon Gerovich celebrated the ETF inclusion, showcasing the company’s strategic Bitcoin acquisition as a driver of its market success.

Amplify ETF and Blockchain Leaders

A guide for blockchain-focused investments
The ETF tracks high-profile blockchain companies, including Core Scientific, HUT 8, and SBI Holdings. Metaplanet’s addition to the index highlights its commitment to advancing blockchain technology and expanding its footprint in the industry.

Metaplanet’s Broader Impact

Global recognition in blockchain equity indices
Earlier this month, Metaplanet was also included in CoinShares’ Blockchain Global Equity Index (BLOCK Index), which tracks 45 companies pioneering crypto and blockchain technologies. This dual recognition underlines Metaplanet’s influence and steady rise within the global blockchain landscape.

The Future of Metaplanet and Blockchain ETFs

Positioned for growth in a dynamic sector
Metaplanet’s inclusion in BLOK demonstrates the increasing importance of blockchain-centric companies in the investment space. With its innovative strategies and active participation in the blockchain ecosystem, the firm is set to solidify its position among global industry leaders.