Bitcoin ETF (BTC) Guess at WisdomTree Hinges on Advisor Adoption

Bitcoin ETF (BTC) Guess at WisdomTree Hinges on Advisor Adoption

by Jeremy

Out of the ten bitcoin ETFs, WisdomTree’s BTCW has attracted the bottom quantity of belongings below administration (AUM), roughly $12.8 million (296 bitcoin), in line with Bloomberg Intelligence knowledge. Asset administration big Franklin Templeton has the second lowest AUM with $64.5 million. Main the way in which in asset gathering are BlackRock (greater than $3B AUM) and Constancy ($2.7B AUM). Grayscale, who transformed its Grayscale Bitcoin Fund (GBTC) into an ETF and due to this fact got here into the race with $30 billion in AUM, has bled about $10 billion of that since ETF buying and selling started on Jan. 11.

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