The Story Behind Bitcoin Futures In An ETF

WisdomTree believes the bitcoin futures market has developed such that it supports institutions and funds adding exposures to this asset class in a thoughtful and measured manner.As of October 15, the WisdomTree Enhanced Commodity Strategy Fund (GCC) added an approximate 3% allocation to cash-settled bitcoin futures traded on the CME, making it the first ETF to provide exposure to crypto assets through bitcoin futures.The 3% allocation to bitcoin futures was made from the Fund’s position in gold, which stands at approximately 9% after the rebalance.