The YouTuber highlights this ETF's focus on the high-growth web 3.0 theme, including metaverse, big data, AI, and blockchain technology, which analysts estimate could reach $13 trillion. However, he questions some of the fund's holdings, such as GameStop, wondering if it's a true web 3.0 company or merely a meme stock, suggesting a potential misalignment with the fund's mandate.
“but again I cut a question some of these picks like how is GameStop a web 3.0 company or is it just a meme stock creeping into portfolios because of its popularity”