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WisdomTree Treasury Money Market Digital Fund Receives Exemptive Order

24/02 05:18

The Division of Investment Management has issued an exemptive order for the WisdomTree Treasury Money Market Digital Fund. The U.S. Securities and Exchange Commission (SEC) posted on X that this order allows investors to trade the fund's shares at a fixed price of $1 with a dealer throughout the trading day, irrespective of the fund's end-of-day net asset value (NAV). This decision marks a significant development in the trading of money market funds, providing more flexibility for investors. The move is expected to enhance liquidity and accessibility for those participating in the fund. The exemptive order reflects ongoing efforts to adapt financial regulations to modern trading practices.

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