Crypto
VanEck adds bitcoin to stocks and bonds in launch of multi-asset ETF WBMO
Global asset manager VanEck has launched an active exchange-traded fund combining stock, bond and real-asset exposure with bitcoin exposure. The VanEck Wealth Builder ETF, ticker WBMO, sets a bitcoin target weight of 2 percent and allows adjustments within a 1 to 5 percent range. The fund invests in VanEck and third-party ETFs and uses a spot bitcoin ETP rather than holding bitcoin directly.