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WisdomTree to Liquidate Five ETFs by October 20, 2023
WisdomTree plans to close and liquidate five of its ETFs, including Chinese Yuan Strategy Fund, India ex-State-Owned Enterprises Fund, U.S. Growth & Momentum Fund, Germany Hedged Equity Fund, and Growth Leaders Fund. Shareholders who retain their shares after October 2023 will face automatic cash redemption. WisdomTree offers various ETPs and blockchain-enabled solutions.
Institutional Bitcoin Index Launched by MVIS and CryptoCompare
MVIS, the MV Index Solutions, the indexing division of VanEck, a US-based asset manager had partnered with CryptoCompare, a cryptocurrency market data provider, launched the MVIS CryptoCompare Institutional Bitcoin Index, dubbed ticker: MVIBTC.
What Gives C10 (Crypto10 Hedged) So Much Value?
Within the first quarter of 2021, the cryptocurrency market has seen a surge in the retail and institutional sectors and their adoption of cryptocurrency. Bitcoin, the world's most valuable and widely traded cryptocurrency, reached an all time high of $56 445 per bitcoin, on the 22nd of February 2021.
C10: An All-Weather Approach to Investing In Cryptocurrencies
The future of cryptocurrencies looks bright as an increasing number of investors are looking for alternative investment opportunities, but many remain hesitant because of the market's extreme volatility.