WisdomTree's Fourth-Quarter Crypto Assets Managed Rises 5-Fold

WisdomTree managed an average of $406 million in digital assets during the quarter, up from $79 million in the year-earlier period.

By Jamie Crawley

Jan 28, 2022 at 2:23 p.m. UTC

Updated Feb 1, 2022 at 5:57 p.m. UTC

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Jamie Crawley

Jamie Crawley is a CoinDesk news reporter based in London.

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Asset manager WisdomTree said crypto assets managed surged fivefold to an average of $406 million in the fourth quarter from $79 million in the year-earlier period.

It had $357 million in crypto assets at the end of 2021, 21% more than at the start of the quarter, the New York-based asset manager reported Friday. Net inflows for the period totaled $28 million.
In November, WisdomTree listed a trio of crypto basket exchange-traded products (ETPs) in Switzerland and Germany. The products are for sale across 12 European Union countries as well as in Norway and Switzerland.
In December, WisdomTree's application to list a spot bitcoin exchange-traded fund (ETF) was rejected by the U.S. Securities and Exchange Commission. It has subsequently refiled.
Across all aspects of its business, Nasdaq-listed WisdomTree (WETF) managed a total of $77.5 billion at the end of the quarter, with net income of $11.2 million for the period.

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Jamie Crawley

Jamie Crawley is a CoinDesk news reporter based in London.

Follow @JamieCrawleyCD on Twitter

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Jamie Crawley

Jamie Crawley is a CoinDesk news reporter based in London.

Follow @JamieCrawleyCD on Twitter