VanEck launches diversified ETF combining stocks, bonds and Bitcoin exposure
Summary
Asset manager VanEck has introduced a new exchange-traded fund that blends traditional equities and fixed-income assets with cryptocurrency exposure. The Wealth Builder fund is designed to maintain a modest target allocation to Bitcoin through a spot investment vehicle, while allowing that crypto weighting to fluctuate within a specific predetermined range.
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.
Source: Read the full story at Cointelegraph.com News
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