The Latest Breaking News from WisdomTree

The fee war in the Bitcoin ETF is expected since the SEC is anticipated to approve multiple applications simultaneously and issuer will offer the best fee to get the market share.

ARK 21 and VanEck's spot Bitcoin ETFs lead with a 0.25% fee, followed by Fidelity at 0.39%, Wisdom Tree at 0.50%, Invesco at 0.59%, Valkyrie at 0.80% and Hashdex at 0.90%.

Issuers including Fidelity and Galaxy are jockeying for position to gain an early advantage in the Bitcoin race.

Last week, the SEC reportedly called every applicant and offered them two choices: amend their filings by including cash creation and redemption model or else wait.

This development impacts prominent asset managers such as BlackRock, WisdomTree and VanEck that are now subject to the delay.

Investors who missed the megacap tech rally in the first half finally got their chance in July. The best funds broadened.

BlackRock's Bitcoin ETF filing and the string of institutional applications are a positive sign for adoption, Cathie Wood's Ark Invest says.

Last week BlackRock, the world's largest asset management firm with $10 trillion in assets under management, filed for a spot Bitcoin ETF.

As the Federal Reserve maintains a dovish tone, bond yields have risen and the dollar remains strong. As a result, while forecasts on gold have lowered, the risk that central banks may have overdone it could send its value soaring —especially if inflation remains elevated while economic growth continues to…

Today is set up for huge volatility, as the Federal Open Market Committee (FOMC) meet to announce their decision on how much they will raise rates. This event has led most investors to sell equities and crypto over the past month, as they fear a 50-basis point rate hike, which…

Marcus Sotiriou, Analyst at the UK based digital asset broker GlobalBlock