idelity Investments Canada launched today the Fidelity Total Metaverse Index ETF on the NEO Exchange under the ticker symbol FMTV. The metaverse is a term used to describe a potential future state of the Internet characterized by a network of augmented reality and virtual worlds that can be experienced persistently and in a shared environment by large numbers of users. The metaverse allows people to engage in various online experiences in a more immersive way, using devices such as virtual reality (VR) and/or augmented reality (AR) headsets. The potential market opportunity of the metaverse is estimated at over $1 trillion in yearly revenues.