🚨 BREAKING NEWS: VanEck launches diversified ETF combining stocks, bonds and Bitcoin exposure
VanEck’s new Wealth Builder ETF targets a 2% Bitcoin allocation, with a permitted range of 1% to 5%, gaining exposure through a spot Bitcoin ETP.
US asset manager VanEck has launched an actively managed exchange-traded fund (ETF) that combines stocks, bonds and real assets with a targeted allocation to Bitcoin.
According to Tuesday’s announcement, the VanEck Wealth Builder ETF (NYSE: WBMO) invests in both VanEck and third-party ETFs, with a target Bitcoin allocation of 2% and a permitted range of 1% to 5%, according to the company’s website. Bitcoin exposure comes through a spot Bitcoin ETP rather than direct holdings of the cryptocurrency.
The fund builds on VanEck’s existing Wealth Builder model portfolios, previously available to financial advisers through third-party wealth management platforms. Its strategy incorporates exposure to global equities, fixed income, gold and other real assets, with allocations managed and rebalanced by VanEck.
🔗 [Read the full article in the original](https://cointelegraph.com/news/vaneck-launches-diversified-etf-combining-stocks-bonds-and-bitcoin-exposure?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)
📰 Source: 🪙 CoinTelegraph
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VanEck’s new Wealth Builder ETF targets a 2% Bitcoin allocation, with a permitted range of 1% to 5%, gaining exposure through a spot Bitcoin ETP.
US asset manager VanEck has launched an actively managed exchange-traded fund (ETF) that combines stocks, bonds and real assets with a targeted allocation to Bitcoin.
According to Tuesday’s announcement, the VanEck Wealth Builder ETF (NYSE: WBMO) invests in both VanEck and third-party ETFs, with a target Bitcoin allocation of 2% and a permitted range of 1% to 5%, according to the company’s website. Bitcoin exposure comes through a spot Bitcoin ETP rather than direct holdings of the cryptocurrency.
The fund builds on VanEck’s existing Wealth Builder model portfolios, previously available to financial advisers through third-party wealth management platforms. Its strategy incorporates exposure to global equities, fixed income, gold and other real assets, with allocations managed and rebalanced by VanEck.
🔗 [Read the full article in the original](https://cointelegraph.com/news/vaneck-launches-diversified-etf-combining-stocks-bonds-and-bitcoin-exposure?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)
📰 Source: 🪙 CoinTelegraph
$BTC $ETH #BinanceSquare #CryptoNews
