WisdomTree reaches $406 million in crypto assets under management in Q4 2021

time:2022-01-29 06:30 source:Internet

On Jan. 29, asset management firm WisdomTree reported that crypto assets under management in the fourth quarter of 2021 surged fivefold to $406 million from $79 million in the same period a year earlier. At the end of 2021, WisdomTree had $357 million in crypto assets, up 21% from the beginning of the quarter, with total net inflows of $28 million during the period, and total AUM of $77.5 billion, up 6.5%. In December 2021, WisdomTree launched four diversified crypto investment products: US RWM WisdomTree Crypto Index, and three European crypto asset basket ETPs: WisdomTree Crypto Mega Cap Equal Weight (MEGA), WisdomTree Crypto Market (BLOC) and WisdomTree Crypto Altcoins (WALT), named a 2021 Best Place to Work for Money Management by Pensions & Investments and "ETF Provider of the Year" by the 2021 Funds Europe Awards.

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