Unlimited BTC, ETH! WisdomTree integrates the new crypto index for the DeFi and Meta worlds.

Ritoltz Wealth Management, headquartered in New York, USA, was established in 2013 as Chief Financial Officer (RIA), providing financial planning and wealth management services to family income, retirement and income agencies. and support.) with more than $ 2.3 billion in assets. .

According to a RWM press release on Friday, the company has partnered with ETF issuer WisdomTree (NASDAQ: WETF) and asset manager WisdomTree (NASDAQ: WETF) with more than $ 76 billion in assets under management; This is to get the investors involved. to the cryptocurrency market.

The composition of the RWM WisdomTree Crypto Index currently represents 36% of Bitcoin (BTC), 20% of ETHereum (ETH), and 4% of each of the 11 cryptocurrency assets.

These 11 assets also include tokens representative of the payment process, smart contracts, Layer 2 process, oracles, DeFi, and meta-world content.

Metrics include Fantom, Terra, Polygon, Uniswap, Aave, SushiSwap, Yearn.finance, Decentraland, Enjin, Chainlink, and TheGraph.

Michael Batnick, head of research at RWM, told Coindesk that the index includes not only Bitcoin and Ethereum, but also the financial performance of DeFi and Metaverse.

"The measure is currently trying to capture anything other than King Kong and Godzilla (i.e. money) in the crypto industry."

Barry Ritholtz, chief investment officer of Ritholtz, also told Coindesk that consumers are interested in bitcoin and cryptocurrencies. I work in this area. It will be the next best thing.

Provide cryptocurrency policies to consultants

According to a report from Blockworks, the measure has now been approved by its joint venture, Onramp Invest, which provides financial advisors with the SMA architecture, a tool for legitimate rebalancing of technology and customer support. The platform manages the personal account of each user.

At the same time, Gemini, a stock exchange created by the Winklevoss brothers, served as a benchmark and the stock market has always existed to facilitate business development.

Jeremy Schwartz, chief investment officer of WisdomTree, believes that the RWM WisdomTree Crypto Index is now available in the market for US investors, but provides RIA communities with the best possible integration model and there are differences for crypto assets.

Schwartz also told Blockworks that there is currently no place for cryptocurrency ETFs to buy brokerage funds in the US market. It is difficult for RIAs to obtain cryptocurrencies. Traders need a lot of guidance, but it is difficult for consultants to practice cryptocurrency management like they did for the first time.

Schwartz added that a consultant without access to cryptocurrency was one of the main reasons WisdomTree invested in OnrampInvest.

Eric Ervin, co-founder of OnrampInvest, later told Blockworks: “Right now we are opening the door. If a future consumer is exposed to crypto assets, the financial advisor will respond: Yes.