The massive streaming sector now has its first exchange traded fund, the Roundhill Streaming Services & Technology ETF (SUBZ  ) designed by Roundhill Investments. SUBZ launched on Thursday with a total of 35 holdings, with notables including Netflix (NFLX  ), Roku (ROKU  ) and Disney (DIS  ).

"Media streaming continues to grow rapidly as more consumers abandon traditional media and subscribe to a select number of streaming services. This transition, accelerated over recent years, has taken place across multiple industries including video, audio, and even gaming," said Mario Stefanidis, Roundhill Investments portfolio manager, in a statement.

SUBZ primary holdings consist of global companies that are actively involved in the online streaming market. This includes both companies that operate direct-to-consumer streaming services and companies that create infrastructure or technology necessary to facilitate streaming, according to Roundhill. That means that beyond video streaming platforms, SUBZ is also designed to hold audio streaming companies like Spotify (SPOT  ) and China's Tencent Music (TME  ) as well as streaming technology companies like Roku and Japan's J-Stream.

The fund is actively managed at an expense ratio of 0.75% and is designed to provide exposure to the winners of the streaming market. Its top ten holdings from highest to lowest weight: Netflix (5.96%), Roku (5.96%), Spotify (5.73%), Tencent Music (5.62%), J-Stream (5.04%), China's Kuaishou (4.71%), Korea's afreecaTV (4.68%), FuboTV (FUBO  ) (4.12%), Disney (4.06%), and Bilibili (BILI  ) (3.97%).

For investors looking for streaming exposure with more broad technology holdings, the ARK Next Generation Internet ETF (ARKW  ) provides an actively managed fund from the popular ARK Invest.

ARKW components are "focused on and expected to benefit from shifting the bases of technology infrastructure to the cloud, enabling mobile, new and local services, such as companies that rely on or benefit from the increased use of shared technology, infrastructure and services, internet-based products and services, new payments methods, big data, the internet of things, and social distribution and media," according to ARK Invest.

This fund provide exposure in company that either develop, produce or enable cloud computing and cyber security, ecommerce, big data and artificial intelligence, mobile technology and internet of things, social platforms, and blockchain. ARKW is offers a range of 35-50 holding at an expense ratio of 79%, with its top ten holdings notably include Tesla (TSLA  ), Square (SQ  ), Teladoc Health (TDOC  ), Roku, Spotify and Tencent Holdings (TCEHY  ).

ARKW currently has $5.27 billion assets under management and is up about 27% for its year-to-date.