Quick update from MetaPortal.
Similar to other products in the stable, the July rebalance for MVI has been postponed while the Index Coop solidifies their ability to perform rebalances.
We look forward to continuing product rebalances as soon as IC signals readiness to support.
Objective of the Metaverse Index (MVI):
MVI is designed to capture the trend of entertainment, social activity and business moving to take place in virtual economies, powered by NFTs and blockchain technology. MVI uses a combination of the square root of market cap and liquidity weighting to arrive at the final index weights.