BNY has been appointed by WisdomTree to provide custody, accounting, fund administration, ETF services and securities lending across its U.S.-listed ETFs, covering USD80.7bn AuM. BNY has also been awarded fund accounting and administration of WisdomTree’s Bitcoin ETF and suite of tokenised funds. The outgoing provider is State Street, which took the mandate from BNY over 10 years ago. WisdomTree is expanding its long-standing relationship with BNY as a sub-advisor and distributor of its ETFs to support additional growth initiatives across models, digital assets and retail distribution.
