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

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.