Tuesday, April 23, 2024
Home > ICO > WisdomTree Adds Bitcoin Futures Exposure to Fund, Refiles for Spot ETF

WisdomTree Adds Bitcoin Futures Exposure to Fund, Refiles for Spot ETF

“We’ve said that for a 100% bitcoin fund, we prefer the spot. We have not filed for a 100% futures [fund]. For a 3% to 5% position, we think that futures are a reasonable access tool. But for a 100% position, we think that you want the spot,” said Schwartz. “We’re making our filings as strong and compelling as possible, and you’ve got to get over the different issues from the SEC.”

Original Source