VanEck launches diversified ETF combining stocks, bonds and Bitcoin exposure 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.
US asset manager VanEck has launched an actively managed exchange-traded fund (ETF) that combines stocks, bonds and real assets with a targeted allocation to Bitcoin
According to Tuesday’s announcement, the VanEck Wealth Builder ETF (NYSE: WBMO) invests in both VanEck and third-party ETFs, with a target Bitcoin allocation of 2% and a permitted range of 1% to 5%, according to the company’s website. Bitcoin exposure comes through a spot Bitcoin ETP rather than direct holdings of the cryptocurrency. The fund builds on VanEck’s existing Wealth Builder model portfolios, previously available to financial advisers through third-party wealth management platforms.
Its strategy incorporates exposure to global equities, fixed income, gold and other real assets, with allocations managed and rebalanced by VanEck. “The traditional 60/40 portfolio was built for a different investment landscape,” said David Schassler, VanEck’s head of multi-asset solutions. He said adding real assets alongside stocks and bonds could help investors navigate a wider range of economic conditions. The launch follows VanEck’s March partnership with retirement platform Basic Capital, which made a selection of the asset manager’s digital asset exchange-traded products available through US employer-sponsored 401(k) plans.