SoFi launches Web3 ETF and a Smart Energy ETF. The ETFs were designed to make it easier for people to invest in Web3 and clean energy. The fund was set to invest in crypto exchanges and bitcoin miners. SoFi, an American-based online financial services firm, plunged into crypto-related exchange traded fund (ETF) fray and launched funding for blockchain technology, NFTs, and the metaverse. The firm’s ETFs, called SoFi Web 3 ETF (TWEB) and SoFi Smart Energy, convey a management expense ratio of 59 basis points. It also tracks the SoFi Solactive ARTIS Web 3.0 and was arranged to invest in