WisdomTree amends Bitcoin ETF application, naming US Bank as custodian
U.S. Bank launched crypto custody services for institutional investors in October as part of a partnership with New York Digital Investment Group. New York-based asset manager WisdomTree has amended its filing for a Bitcoin exchange-traded fund with the Securities and Exchange Commission to name U.S. Bank as its custodian. In a Wednesday filing, WisdomTree listed U.S. Bank National Association as the custodian for shares of its Bitcoin (BTC) trust. The filing is an amendment to its March 11 registration for a spot Bitcoin exchange-traded fund, or ETF, submitted to the SEC prior to U.S.....
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The crypto asset and exchange-traded fund (ETF) manager Wisdomtree has revealed the company is launching a new digital wallet called Wisdomtree Prime, which will allow users to hold crypto assets, blockchain-enabled funds, tokenized versions of commodities like gold, and access to stocks or bonds based on Wisdomtree’s indexes.
Wisdomtree to Launch Prime Wallet in Q2, 2022
On January 28, the crypto asset and fund manager Wisdomtree revealed the launch of a new product called Wisdomtree Prime. According to the announcement, written by the company’s head of digital....
Similar to its December 2021 rejection of a WisdomTree spot Bitcoin investment vehicle, the SEC cited concerns about fraud and market manipulation. The United States Securities and Exchange Commission, or SEC, has disapproved of a rule change that would allow exchange-traded fund (ETF)provider WisdomTree to list and trade shares of a Bitcoin ETF.According to an Oct. 11 filing, the SEC rejected a proposed rule change that would have allowed WisdomTree to list and trade shares of its Bitcoin BTC Trust on the Cboe BZX Exchange after several delays due to extensions and comment periods.....
The indices will provide investors with direct exposure to large-cap cryptocurrencies, altcoins, DeFi services, and more. On Friday, WisdomTree, a financial institution with over $76 billion in assets under management, announced it had created four cryptocurrency indices in the United States and Europe to provide diversified portfolio exposure to investors. The move comes in collaboration with Ritholtz Wealth Management, OnRamp, and Gemini.In the U.S., WisdomTree will launch the RWM WisdomTree Crypto Index. And in Europe, WisdomTree is advancing the WisdomTree Crypto Mega Cap Equal Weight....
Asset manager Wisdomtree has filed for an Ethereum exchange-traded fund (ETF), as the Securities and Exchange Commission continues to mull over its Bitcoin ETF application from earlier this year. The move comes amid Ethereum’s growing popularity. With Ethereum having a far greater use-case compared to its older, larger counterpart in Bitcoin, institutions are finally taking […]
On Tuesday, the fund manager Wisdomtree announced the launch of three crypto asset exchange-traded products (ETPs). The ETPs are associated with the cryptocurrency networks Solana, Cardano, and Polkadot and the new crypto investment products are currently listed on Börse Xetra, SIX, and the Swiss Stock Exchange.
Wisdomtree Launches Cardano, Solana, and Polkadot Exchange-Traded Products
Wisdomtree has announced the launch of three new digital currency exchange traded products (ETPs) and the products are physically-backed by cryptocurrency. Wisdomtree revealed on Tuesday that....