Dillon Eustace advises Roundhill on the launch of Metaverse ETF
Dillon Eustace LLP was delighted to advise the issuer of the world’s first metaverse ETF, Roundhill Investments (“Roundhill”) on the recent launch of its first European exchange traded fund, the Roundhill Ball Metaverse UCITS ETF which listed on the Deutsche Börse in Germany.
The Dillon Eustace LLP team was led by partner Shane Coveney, with support from solicitor Richard Looby and Tara O’Callaghan, head of the Fund Registration and Listing Team with support from listing executive Aisling Barry.
Commenting on the project, Shane Coveney said
“We are delighted to have advised Roundhill in navigating the authorisation process, listing process and UCITS ETF ecosystem to bring its highly successful range of independent US ETF products to a European investor base through a UCITS compliant Irish Collective Asset-management Vehicle. We wish Roundhill continued success in growing its global business following its successful entry into the highly competitive European market.”
Commenting on the launch, Tim Maloney, Co-Founder & CIO of Roundhill Investments, added
“We're thrilled to have taken our first step into the European market with the launch of the Roundhill Ball Metaverse UCITS ETF in Germany. Demand for exposure to funds tracking the Ball Metaverse Index has been global in nature since day one, and Shane and the Dillon Eustace team have been instrumental in getting us into a position to offer that exposure in Europe.”
Should you wish to discuss the European ETF market or are interested in learning more about establishing an ETF in the European market, please contact a member of the Dillon Eustace LLP ETF Team.
)
)
)