WisdomTree managed an average of $406 million in crypto assets in the fourth quarter of 2021. This represents a fivefold increase compared to the fourth quarter of the previous year.
Asset manager WisdomTree was managing $79 million in crypto assets in the fourth quarter of the previous year. The company noted that there was a five-fold increase.
The New York-based asset manager reported that they received an inflow of $28 million in the last quarter.
The asset manager has listed new ETPs in Germany and Switzerland. These products are offered for sale in 12 European Union countries as well as Norway and Switzerland.
The company’s application for a Bitcoin ETF in December was rejected by the US Securities and Exchange Commission.
Listed on the Nasdaq stock exchange, the company manages a total of $77.5 billion in assets.
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