WisdomTree Inc.WT
▲ PositiveCapitalrelevance
Record AUM and net inflows, but lowered guidance and share count; overall positive outlook with ETF launches.
Impact on stocks 1
Digital Finance & Tokenization
WisdomTree Inc.WisdomTree outlined plans to launch approximately 15 ETFs over the next 18 months across the U.S. and Europe. The company guided diluted shares for the second half of the year to 152 million to 155 million, down from prior guidance of 154 million, and lowered interest income guidance to $8 million from $10 million. CEO Jonathan Steinberg said the firm expects to launch ETFs using Atlantic House strategies and take its solutions business globally. The update came as WisdomTree reported record assets under management of $162.9 billion, its sixth consecutive quarter of record AUM, with $3.1 billion in net inflows during the quarter.
WisdomTree Inc.Record AUM and net inflows, but lowered guidance and share count; overall positive outlook with ETF launches.