Advertisement
AD

Main navigation

$64 Billion Asset Manager Files Bitcoin ETF Proposal

Advertisement
Thu, 11/03/2021 - 19:33
$64 Billion Asset Manager Files Bitcoin ETF Proposal
Cover image via stock.adobe.com
Read U.TODAY on
Google News

New York City-based asset manager WisdomTree Investments has filed with the U.S. Securities and Exchange Commission to launch a Bitcoin exchange-traded fund (ETF). 

If approved, the shares of the WisdomTree Bitcoin Trust will be changing hands on the CBOE BZX exchange under the BTCW ticker. 

Advertisement

Earlier this year, VanEck and NYDIG registered their respective proposals. Meanwhile, leading cryptocurrency asset manager Grayscale is also rumored to jump into the fray. 

The SEC is yet to greenlight a Bitcoin ETF. 

Related
Leading Israeli Asset Manager Pours $100 Million Into Bitcoin

WisdomTree's past Bitcoin endeavors 

Last year, WisdomTree also offered a creative mix of Bitcoin and other popular commodities such as energy and precious metals in its ETF proposal in an attempt to get the SEC's blessing.        

In December 2019, it launched a Bitcoin exchange-traded product (ETP) on Zurich-based SIX Swiss Exchange. 

Advertisement
TopCryptoNewsinYourMailbox
TopCryptoNewsinYourMailbox
Advertisement

Latest Press Releases

Our social media
There's a lot to see there, too

Popular articles

Advertisement
AD