WisdomTree Investments Follows BlackRock in Spot Bitcoin ETF Application

Close on the heels of BlackRock’s spot Bitcoin Exchange Traded Fund (ETF) application, another of America’s largest asset managers, WisdomTree Investments, has done the same. The company has applied to the US Securities and Exchange Commission (SEC) for a spot Bitcoin ETF called “WisdomTree Bitcoin Trust”. After Blackrock, Now WisdomTree Investments Takes Action WisdomTree Investments, known as an ETF giant with over $90 billion in assets under its management, submitted an application to the SEC for ‘WisdomTree Bitcoin Trust’, an ETF product. This application comes just one week after BlackRock’s spot Bitcoin ETF application. Interestingly, mainstream US financial companies started showing interest in cryptocurrencies only two weeks after the biggest two crypto exchanges by market share, Coinbase and Binance, were separately sued for serious allegations of violating securities laws. Details on WisdomTree Bitcoin ETF WisdomTree Investments aims to provide exposure to the Bitcoin price for investors while maintaining low transaction […] The post WisdomTree Investments Follows BlackRock in Spot Bitcoin ETF Application appeared first on COINTURK NEWS.