(Trading.com) — WisdomTree, the issuer of exchange-traded index funds (ETFs) and exchange-traded products (ETPs), has announced the launch of WisdomTree Blockchain UCITS ETF (WBLK). Listed on the Börse Xetra and Borsa Italiana, WBLK aims to replicate the price and yield, before management fees, of the WisdomTree Blockchain UCITS index. The total ETF for this ETF is 0.45%. WLBK will be listed on the London Stock Exchange on September 14, 2022.
The index was developed by WisdomTree, a company known for its innovative capabilities and historical expertise in indexing. It is designed to gain exposure to the performance of companies specializing in blockchain and cryptocurrency technologies, while being compatible with WisdomTree’s ESG criteria.
This ETF complements the range exposed to individual cryptocurrencies as well as baskets of cryptocurrencies already available at WisdomTree. It is an additional way for investors to gain exposure to the potential growth of digital assets and blockchain infrastructure.
WBLK represents a new stage in the expertise developed by WisdomTree on digital assets, which began with the launch of one of the first ETPs in the world offering physical exposure to a digital asset in 2019. This expertise was later consolidated by building a global team specializing in digital assets and collaborating with leaders in the blockchain and cryptocurrency ecosystem. It is combined with WisdomTree’s knowledge and experience in building award-winning themed ETFs.
“WBLK combines our expertise in indexing with our in-depth knowledge of the digital asset and blockchain ecosystems. It offers investors pure exposure to the megatrend of disruptive technologies” added Alexis Marinof, Head of Europe at WisdomTree. “This ETF is a natural evolution of our award-winning thematic ETF platform and has strong synergies with our digital asset ETP platform. Blockchain is a transformative technology that has the potential to revolutionize certain sectors and to facilitate the creation of new business models. The potential applications of this technology are limitless and we expect to see new use cases for blockchain in the coming decades.”
WBLK is the eighth ETF in WisdomTree’s thematic equity lineup which has $1.1 billion in assets under management. It is the third launched in 2022 with WisdomTree Recycling Decarbonisation UCITS ETF (WRCY) and WisdomTree New Economy Real Estate UCITS ETF (WTRE).
WBLK is registered for sale in Austria, Denmark, Finland, France, Germany, Ireland, Italy, Luxembourg, the Netherlands, Spain, Sweden and the United Kingdom.