WisdomTree Investments (NASDAQ:WETF), a New York-based exchange-traded fund (ETF) provider, has filed for an ETF that would invest up to 5% of its portfolio in cash-settled Bitcoin (BTC) futures contracts offered by Chicago Mercantile Exchange (CME).
The application, which was filed on June 16, asserts that the proposed fund will invest in the futures markets of four commodity sectors spanning agriculture, industrial metals, precious metals and energy.