Asset manager WisdomTree files bitcoin ETF application
WisdomTree Investments, a well-known US asset manager , has swiftly applied for a new ETF focused on bitcoin . This follows closely after BlackRock’s similar move. WisdomTree has submitted its application to the US Securities and Exchanges Commission (SEC) during a critical time when the SEC is involved in legal battles with cryptocurrency exchanges Coinbase and Binance. 87 billion dollar big Wisdom Tree is filing for a Bitcoin ETF! Someone knows something we don’t. 4 massive assets managers apply for BTC ETFs in a week. Wall Street has played the crypto market hard. — Lark Davis (@TheCryptoLark) June 21, 2023 On the other hand, BlackRock continues to advance its ETF offering and has partnered with Coinbase to utilize its custody service and spot market data. Their Bitcoin ETF can potentially attract institutional investors and significantly impact the cryptocurrency market. You might also like: BlackRock nears bitcoin ETF filing, partnering with Coinbase custo...