VanEck launches diversified ETF combining stocks, bonds and Bitcoin exposure

VanEck launched a new Wealth Builder ETF that blends stocks, bonds and Bitcoin exposure, targeting a 2% Bitcoin allocation with a permitted range of 1% to 5%. The Bitcoin exposure is gained through a spot Bitcoin ETP. A mainstream asset manager packaging Bitcoin inside a diversified fund signals continued institutional productization, which could draw cautious allocators into BTC via a familiar wrapper.