WETF - WETF STOCK NEWS

WisdomTree (WETF) has launched the Efficient Core family of ETFs, including the International Efficient Core Fund (NTSI) and Emerging Markets Efficient Core Fund (NTSE), with expense ratios of 0.26% and 0.32% respectively. The funds aim to enhance portfolio efficiency by allocating 90% of assets to equities and 10% to short-term fixed income, leveraging U.S. Treasury futures to manage risk. This strategy seeks to provide capital-efficient equity and bond blends while managing volatility amidst high market valuations.

WisdomTree Investments has announced the launch of the WisdomTree Alternative Income Fund (HYIN) on the CBOE, with an expense ratio of 3.20%. This ETF aims to track the Gapstow Liquid Alternative Credit Index (GLACI), which includes approximately 35 publicly traded alternative credit vehicles like BDCs, REITs, and CEFs. Amid low interest rates globally, HYIN offers investors access to higher yielding alternative credit markets, providing potential yield advantages and low correlation to traditional investment vehicles.

WisdomTree Investments reported a strong financial performance for Q1 2021, achieving $15.1 million in net income and $72.8 million in operating revenues, marking an increase of 8.6% year-over-year. The company's assets under management (AUM) reached $69.5 billion, up 3.2% from the previous quarter, driven by $1.3 billion in net inflows. Operating margins expanded, with gross margins at 78.7% and operating income margin at 25.5%. A $0.03 dividend was declared, payable on May 26, 2021.

WisdomTree has launched its WisdomTree Ethereum ETP (ETHW) on Börse Xetra and SIX, offering investors a physically-backed ETP with a low total expense ratio of 0.95%. This product allows easy access to ether without direct cryptocurrency ownership. The launch reflects a growing institutional interest in digital assets, supported by a multi-custodian model enhancing investor security and liquidity. The ETP is passported across multiple European countries, signalling WisdomTree's commitment to innovation in the digital asset space.

WisdomTree Bitcoin ETP is now listed on Germany’s Börse Xetra, following approval for EU distribution. This physically-backed ETP has a 0.95% expense ratio and over $380 million in assets under management. The listing aims to attract European institutional investors concerned about crypto options and high fees. Coinbase Custody has been appointed as a custodian, enhancing security measures. WisdomTree is focused on becoming a leader in crypto ETPs amid growing institutional interest in Bitcoin, which recently surpassed a $1 trillion market cap.

WisdomTree Investments, Inc. (NASDAQ: WETF) will release its first quarter results on April 30, 2021, at 7:00 a.m. ET, followed by a conference call at 9:00 a.m. ET. The call will be accessible via a webcast on the company's investor relations website and will include a presentation. A replay will be available shortly after the call. WisdomTree, headquartered in New York, manages approximately $71.0 billion in assets globally, offering various financial products including ETFs and ETPs.