WisdomTree unlocks Bitcoin exposure within the ETF wrapper in the U.S., in line with the firm’s leadership in “Responsible DeFi”
NEW YORK–(BUSINESS WIRE)–WisdomTree, Inc. (NYSE: WT), a global financial innovator, today announced the launch of the WisdomTree Bitcoin Fund (BTCW). The historic leading wave of spot Bitcoin ETFs marks the first time U.S. investors have access to exposure to the price of spot bitcoin within the ETF wrapper.
The WisdomTree Bitcoin Fund (BTCW) is listed on the Cboe BZX Exchange with an expense ratio of 0.30%, although for a six-month period commencing today, the entire 0.30% will be waived (which represents the sponsor’s fee) for the first $1.0 billion of the Fund’s assets. The WisdomTree Bitcoin Fund’s investment objective is to gain exposure to the price of bitcoin, less expenses and liabilities of the Fund’s operations.
For more information on the WisdomTree Bitcoin Fund (BTCW), please review yesterday’s press release announcing tha
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