SEC Approves Exemptive Order for WisdomTree Digital Fund

The U.S. Securities and Exchange Commission (SEC) has granted an exemptive order for the WisdomTree Treasury Money Market Digital Fund. This order allows investors to trade money market fund (MMF) shares at a fixed price of $1 with dealers on an intraday basis, irrespective of the end-of-day net asset value (NAV). This development marks a significant step in the digital fund space, providing more flexibility and liquidity for investors engaging in intraday trading.