Log in

News

WisdomTree seeks U.S SEC approval to launch Bitcoin ETF

Updated: Aug 23, 2024
Published: Mar 12, 2021
0
Share:

WisdomTree has become the latest company to seek the United States SEC’s approval to launch a Bitcoin ETF. They filed a document with the regulatory agency yesterday and intends to launch a Bitcoin ETF that would make it easier for institutional investors to gain exposure to the leading cryptocurrency.

Post Feature Image

The New York-based ETF sponsor and asset manager is a leading financial investment firm with over $60 billion in assets under management. WisdomTree intends to list common shares of the Bitcoin ETF on the Cboe BZX Exchange, and the ETF will trade under the ticker “BTCW.”

WisdomTree ETF to provide unique benefits

According to the firm, investors will indirectly invest in a portfolio made up of the leading cryptocurrency via a traditional brokerage. This investment method allows the investors to bypass the risks associated with holding, transferring, or buying directly from cryptocurrency exchanges.

According to the SEC form, WisdomTree said, “The Trust is an exchange-traded fund that issues Shares that will be traded on the Exchange. The Trust’s investment objective is to gain exposure to the price of bitcoin as represented by the Reference Rate, less expenses and liabilities of the Trust’s operations. In seeking to achieve its investment objective, the Trust will hold bitcoin and will value its Shares daily based on the Reference Rate, which is based on an aggregation of executed trade flow of major bitcoin exchanges.”

Bitcoin ETFs are becoming popular

Regulatory agencies have turned away proposals for Bitcoin ETFs over the past few years. However, they are now more accommodating of the thoughts. Canada already has three Bitcoin ETFs, while Malaysia approved the first Bitcoin ETF in South-East Asia yesterday.

In the United States, the SEC is yet to approve any proposal for a Bitcoin ETF. However, VanEck and a few other companies have filed proposals to list Bitcoin ETFs on brokerage platforms. Grayscale is also gearing up with its proposal as it intends to remain one of the leading funds and trusts in the cryptocurrency space.

100% Success Money Back Guarantee

If our approach doesn’t outperform the overall crypto market during your subscription, we’ll give you a full refund of your membership. No questions asked. For quarterly and monthly subscribers this is applicable once your subscription runs for 6 consecutive months.

Terms & Conditions apply

Star

Trusted by 300,000+ traders

Take your next step towards crypto success

Save 50%

$799/year

Get everything you need to actively manage your portfolio and stay ahead. Ideal for investors seeking regular guidance and access to tools that help make informed decisions.

VisaCardImageMsCardImageCoinbaseCardImageSolanaCardImage

For your security, all orders are processed on a secured server.

What’s included in Pro:

  • Success Guarantee, if we don’t outperform the market, you get 100% back, no questions asked

  • 24/7 access to experts with 50+ years’ experience

  • All of our top token picks for 2025

  • Our latest memecoins pick with 50X potential

  • On hand technical analysis on any token of your choice

  • Weekly livestreams & ask us anything with the team

  • Daily insights on Macro, Mechanics, and On-chain

  • Curated list of top upcoming airdrops (free money)

Our track record speaks for itself

With over 2.4M tokens and widespread misinformation in crypto, we cut
through the noise and consistently find winning assets.

/images/advertorial/corpcomm3.webp
/images/advertorial/corpcomm4.webp
/images/advertorial/corpcomm5.webp

Frequently Asked Questions

Yes. We've consistently identified winners across multiple cycles. Bitcoin under $1,000, Ethereum under $70, Solana under $10, WIF from $0.003 to $5, PopCat from $0.004 to $2, SPX blasting past $1.70, and our latest pick has already 200X'd since June 2025. Everything is timestamped and public record.

No. When we founded Cryptonary in 2017 the market was new to everyone. We intentionally created content that was easy to understand and actionable. That foundational principle is the crux of Cryptonary. Taking complex ideas and opportunities and presenting them in a way a 10 year old could understand.

Signal vs noise. We filter out 99.9% of garbage projects, provide data backed analysis, and have a proven track record of finding winners. Not to mention since Cryptonary's inception in 2017 we have never taken investment, sponsorship or partnership. Compare this to pretty much everyone else, no track record, and a long list of partnerships that cloud judgements.

We share highly sensitive, time-critical research. Once it's out, it can't be "returned." That's why membership is annual only. Crypto success takes time and commitment. If someone is not willing to invest 12 months into their future, there is no place for them at Cryptonary.

Yes. You will have 24/7 to the team that bought you BTC at $1,000, ETH at $70, and SOL at $10. Through our community chats, live Q&As, and member only channels, you can ask questions and interact directly with the team. Our team has over 50 years of combined experience which you can tap into every single day.

Daily. We provide real-time updates, weekly reports, emergency alerts, and live Q&As when the markets move fast. In crypto, the market moves fast, in Cryptonary, we move faster.

If our approach to the market doesn’t beat the overall crypto market during your subscription, we’ll give you a full refund of your membership fee. No questions asked. For quarterly and monthly subscribers this is applicable once your subscription runs for 6 consecutive months.

Recommended from Cryptonary
BTC, ETH and More: Bullish Breakouts and Critical Resistance Tests
PRO
Market Direction
BTC, ETH and More: Bullish Breakout...The majors broke upside on positive macro news, now testing key resistances. Watch for bullish conti...
8 min read
Oct 27, 2025
This Week's Setup: 27th of October
Market Updates
This Week's Setup: 27th of OctoberIt’s a big week in markets, and you don’t want to miss what’s coming. The Fed meets, Trump and Xi ar...
7 min read
Oct 27, 2025
Time Sensitive: The 4x Market-Neutral Trade Everyone’s Missing
PRO
Research Report
Time Sensitive: The 4x Market-Neutr...Opportunities like this are rare in crypto. Most launches are driven by hype or speculation with no ...
11 min read
Oct 27, 2025