VanEck launches Wealth Builder ETF with Bitcoin exposure at 0.26% fee

VanEck has launched its Wealth Builder ETF with Bitcoin exposure alongside stocks, bonds, and real assets, charging a 0.26% net annual expense ratio. WBMO combines global stocks, bonds, real assets, and indirect Bitcoin exposure in one actively managed fund. A Cayman subsidiary holds certain investments, with a general quarter-end limit of 25% of assets. Fee waivers bring the fund’s annual expense ratio down from 0.33% to 0.26%. VanEck’s separate NODE fund held 16.8% in Bitcoin ETPs at the end of September. VanEck announced the launch on Oct.

Also reported by Crypto Briefing.

Source: crypto.news