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Defiance launches first NFT-focused ETF for American market

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Rather than dying out, the Non-Fungible Token (NFT) mania that began earlier this year is only accelerating in growth and popularity.

With the emergence of the metaverse and DAOs, the mania can be expected to only continue. The next step for this sector is institutional investments, and asset managers are already gearing up for the task.Earlier on Monday, ETF sponsor Defiance launched the first NFT-focused exchange-traded fund (ETF), with the ticker $NFTZ.

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