WisdomTree’s Digital Money Market Fund Treasury has just reached an important milestone. The U.S. Securities and Exchange Commission (SEC) issued a waiver order that changes how investors trade in this digital money market, opening new possibilities for broader participation.
Revolutionary Changes in Money Market Trading Structure
The waiver announced by the SEC on the X platform offers unprecedented flexibility. Investors can now trade shares of the fund at a fixed price of $1 with dealers throughout trading hours, without waiting for the net asset value (NAV) calculation at the end of the day. This mechanism removes the time barriers that have traditionally limited money market transactions.
Greater Liquidity and Accessibility Opportunities
This regulatory move broadens access for market participants to engage in the money market. With the new intraday pricing system, fund liquidity will significantly increase. Investors gain the flexibility to enter and exit the fund based on real-time market needs, rather than being bound by rigid daily pricing cycles. This is a major transformation for the digital money market ecosystem.
Significance of Modern Regulation for the Evolution of the Money Market
This SEC decision reflects a continued commitment to aligning regulatory frameworks with the development of contemporary trading practices. The waiver for WisdomTree’s Digital Money Market Fund Treasury sets a precedent demonstrating regulatory willingness to support innovation in the money market. This progressive step is expected to serve as a model for the future evolution of digital money market instruments, providing a stronger foundation for the growth of a dynamic and responsive money market ecosystem.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
WisdomTree Digital Money Market Opens the Door to Flexible Trading with SEC Exemption Order
WisdomTree’s Digital Money Market Fund Treasury has just reached an important milestone. The U.S. Securities and Exchange Commission (SEC) issued a waiver order that changes how investors trade in this digital money market, opening new possibilities for broader participation.
Revolutionary Changes in Money Market Trading Structure
The waiver announced by the SEC on the X platform offers unprecedented flexibility. Investors can now trade shares of the fund at a fixed price of $1 with dealers throughout trading hours, without waiting for the net asset value (NAV) calculation at the end of the day. This mechanism removes the time barriers that have traditionally limited money market transactions.
Greater Liquidity and Accessibility Opportunities
This regulatory move broadens access for market participants to engage in the money market. With the new intraday pricing system, fund liquidity will significantly increase. Investors gain the flexibility to enter and exit the fund based on real-time market needs, rather than being bound by rigid daily pricing cycles. This is a major transformation for the digital money market ecosystem.
Significance of Modern Regulation for the Evolution of the Money Market
This SEC decision reflects a continued commitment to aligning regulatory frameworks with the development of contemporary trading practices. The waiver for WisdomTree’s Digital Money Market Fund Treasury sets a precedent demonstrating regulatory willingness to support innovation in the money market. This progressive step is expected to serve as a model for the future evolution of digital money market instruments, providing a stronger foundation for the growth of a dynamic and responsive money market ecosystem.