Share this article
WisdomTree Files Ethereum ETF Application as Bitcoin Bids Await SEC Decision
The asset manager becomes the second firm to submit an ETH ETF application with the U.S. regulator.
By Danny Nelson
Updated Mar 8, 2024, 4:27 p.m. Published May 27, 2021, 9:23 p.m.
WisdomTree has filed for an ethereum exchange-traded fund (ETF), according to Securities and Exchange Commission (SEC) documents.
The ETF specialist firm, which already has a bitcoin ETF before the U.S. regulator, becomes the second U.S. fund shop to also vie for an ether product, after VanEck. Approval would see Ethereum investments become readily available to U.S. retail traders, who could buy into the ETF without taking ownership of that blockchain’s native token, ether.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
WisdomTree Ethereum Trust would list on the Cboe BZX Exchange under a to-be-determined ticker symbol. It does not yet have a crypto custodian lined up, the form shows.
The SEC has not yet approved a single bitcoin ETF, let alone an ETH equivalent, making WisdomTree’s new filing a test case in the latest wave of applicants.
Canadian regulators have moved much more swiftly on both fronts. There, investors can choose between multiple bitcoin and ether ETFs.
WisdomTree did not immediately respond to CoinDesk’s request for comment.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Michael Saylor's Strategy Hangs on to Spot in Nasdaq 100 Index
The annual Nasdaq 100 rebalance saw six companies dropped and three new additions, with changes taking effect on December 22, but bitcoin treasury company Strategy hung onto its spot.
What to know:
- Strategy (MSTR) will remain in the Nasdaq 100 index despite a major reshuffle, which saw several household names dropped.
- The firm's business model, which involves stockpiling bitcoin, has drawn criticism from analysts and index providers, with MSCI considering excluding crypto treasury companies from its benchmarks.
- The Nasdaq 100 rebalance saw six companies dropped and three new additions, with changes taking effect on December 22, but Strategy's bitcoin-heavy strategy secured its spot.
Top Stories
