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Crypto & Bitcoin

VanEck launches Wealth Builder ETF with Bitcoin exposure at 0.26% fee

Reported by Lawrence Mondal, crypto.news

Image: crypto.news

VanEck has launched its Wealth Builder ETF with Bitcoin exposure alongside stocks, bonds, and real assets, charging a 0.26% net annual expense ratio. WBMO combines global stocks, bonds, real assets, and indirect Bitcoin exposure in one actively managed fund. A Cayman subsidiary holds certain investments, with a general quarter-end limit of 25% of assets. Fee waivers bring the fund’s annual expense ratio down from 0.33% to 0.26%. VanEck’s separate NODE fund held 16.8% in Bitcoin ETPs at the end of September. VanEck announced the launch on Oct.

This is an excerpt. The reporting belongs to crypto.news.

Read the full report on crypto.news

Also carried by Crypto Briefing, Bitcoin Magazine, CoinTurk News, Coinfomania, Crypto News Australia and 1 more

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