The post Breaking: WisdomTree Files for Bitcoin ETF, Following Blackrock’s Lead appeared first on Coinpedia Fintech News
Just days after Blackrock made headlines with its ETF application, WisdomTree Investments, a prominent asset manager in the United States, entered the race as well. The company recently filed an application for its very own exchange-traded fund called the ‘WisdomTree Bitcoin Trust’ with the US Securities and Exchanges Commission (SEC). This move comes at a time when the SEC has been actively involved in legal battles with leading crypto 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
Blackrock, not to be left behind, has decided to forge ahead with its plans, partnering with Coinbase to utilize its custody service and spot mar
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