US asset manager VanEck has introduced the Wealth Builder ETF, a new actively managed fund listed under the ticker WBMO. The product integrates a diversified portfolio of stocks, bonds, and real assets, including gold, with a specific allocation to Bitcoin.
The fund targets a 2% allocation to Bitcoin, with a permitted range between 1% and 5%. Exposure to the cryptocurrency is achieved through a spot Bitcoin ETP rather than direct holdings. The strategy is based on VanEck’s existing Wealth Builder model portfolios.
VanEck manages the rebalancing of the fund's assets to adapt to various economic conditions. As of September 30, the firm reported total assets under management of approximately $244.1 billion.
This launch follows a partnership established in March with the retirement platform Basic Capital. That agreement enabled the inclusion of VanEck’s digital asset exchange-traded products in employer-sponsored 401(k) plans.
