“What we were looking for is what can do to ETFs what ETFs did to mutual funds,” said Jonathan Steinberg, CEO of WisdomTreeFunds, at Consensus2023
Austin, Texas – Crypto is the next evolution of exchange-traded funds and exchange-traded products, WisdomTree CEO Jonathan Steinberg said at “Planting the Seeds of a New Financial System," a conversation with CoinDesk Editor-in-Chief Kevin Reynolds on the mainstage at Consensus.
WisdomTree’s embrace of crypto as the next evolution of ETFs is controversial, Reynolds said in the onstage interview. He brought up that an activist shareholder has nominated three candidates to the board and criticized the crypto wallet WisdomTree Prime.
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