VanEck Launches All-in-One Wealth Builder ETF With Bitcoin Exposure

VanEck launched its Wealth Builder ETF (WBMO) on the NYSE, bundling stocks, bonds, gold and indirect bitcoin exposure into one fund for 0.26% a year. VanEck launched the Wealth Builder ETF today, trading on the NYSE under the ticker WBMO. The actively managed fund packages the firm’s Wealth Builder model portfolios, which advisers have used through third-party platforms, into one product anyone with a brokerage account can buy. VanEck , which oversees about $244 billion in assets, selects the holdings, sets the weights and rebalances the portfolio.