New "𝗗𝗶𝗴𝗶𝘁𝗮𝗹 𝗪𝗮𝗹𝗹𝗲𝘁 𝗘𝗧𝗙" filed by WisdomTree in the US: Transfer shares between Stellar and Ethereum blockchains!

WisdomTree Digital Short-Term Treasury Fund

SUMMARY

Fund will track a 1-3 year T-bill index. However, with 𝗦𝗲𝗰𝘂𝗿𝗿𝗲𝗻𝗰𝘆 𝗧𝗿𝗮𝗻𝘀𝗳𝗲𝗿𝘀 as Transfer Agent and using a "𝗪𝗶𝘀𝗱𝗼𝗺𝗧𝗿𝗲𝗲 𝗮𝗽𝗽", fund will allow investors to move its ETF shares between blockchains.

If this 40 Act fund is approved by the SEC, it will be the first practical application of blockchain in a an ETF, or any other traded instrument.

DETAILS
Securrency will maintain record of ETF's share ownership in digitized form in one or more blockchains. WisdomTree will provide wallet service from an app, allowing investors to move their digitized shares between Stellar and Ethereum blockchains via a "𝗕𝗿𝗶𝗱𝗴𝗲".

ETF also allows for possibility of trading/transferring shares between shareholders on the blockchains, potentially bypassing intermediaries such as exchanges, clearing houses, etc.

𝗙𝗶𝗹𝗶𝗻𝗴 𝗶𝘀 𝗵𝗲𝗿𝗲.

Ticker: TBD

Exchange: TBD

Expense ratio: TBD

Original filing date: April 28, 2021

Effective date: TBD

Listing Date: TBD

CUSIP:

Active: No

Index / Benchmark: TBD

 

Investment Objective:

Seeks to track the performance, before fees and expenses, of the [_____] Index.

 

Investment Strategy / Index Methodology:

TBD

 

Adviser: WisdomTree Digital Management *NEW*

Sub-Adviser: TBD

Portfolio Managers: TBD

Administrator: TBD

Fund accountant: TBD

Transfer agent: Securrency Transfers, Inc.

Custodian: TBD

Distributor: TBD

Legal counsel: Perkins Coie LLP

External accounting: TBD

Compliance: TBD

 

MORE ETF HEARSAY

 

S000072466

• LinkedIn: Henry Jim
• henry@etfhearsay.com
• Twitter: @ETFhearsay