CoinShares Hires WisdomTree Exec as Company Plans Expansion Outside UK
The new hire brings the London-based digital asset manager connections to major financial institutions in Europe.
The bitcoin ETP goes live in Frankfurt while U.S. regulators consider WisdomTree’s bitcoin ETF application.
Krpytoin also filed for a bitcoin ETF on Friday.
The company’s application to list a bitcoin ETF in the U.S. is currently being reviewed by the SEC.
Others applying to offer a bitcoin ETF in the U.S. include NYDIG, Valkyrie and VanEck.
WisdomTree is seeking to launch an exchange-traded fund that invests in part in the growing bitcoin futures market.
WisdomTree, an asset manager specializing in exchange-traded funds, is vying to become one of the first established U.S. financial firms to offer clients digital assets, including a so-called stablecoin whose value is closely linked to the U.S. dollar.