Roundhill Restates Net Asset Value for Metaverse ETF (METV)
Roundhill Investments has restated the previously reported net asset value (NAV) per share for the Roundhill Ball Metaverse ETF (METV) as of June 12, 2026. The restatement resulted from an error by the fund's third-party administrator.
Roundhill Investments announced on July 9, 2026, that it has restated the net asset value (NAV) per share for the Roundhill Ball Metaverse ETF (METV) for June 12, 2026. The ETF's NAV per share was revised downwards from $18.6792 to $18.0270.
The fund issuer attributed the error to an operational mistake made by its third-party administrator in calculating the fund's NAV. Roundhill stated it identified the error and promptly directed the administrator to correct it.
The Roundhill Ball Metaverse ETF (METV) aims to provide investors with exposure to the global metaverse economy, including companies involved in the development, building, and operation of virtual worlds.
This NAV restatement highlights the importance of accurate NAV calculations for exchange-traded funds and follows an operational error by an external service provider.