WisdomTree Physical Cardano
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General Objective
The WisdomTree Cardano ETP is designed to offer shareholders a simple, secure, and cost-efficient way to gain exposure to the price of Cardano, a digital asset. The ETP provides easy investor access, tradability, transparency, and institutional custody solutions within a physically backed structure.
Fund Exposure
The WisdomTree Cardano ETP is exposed to digital assets, specifically Cardano. Each share of the ETP has an entitlement to a certain number of Cardano, with the NAV calculated daily based on the CF Cardano-Dollar Settlement Price. The ETP is physically backed by Cardano and fits seamlessly within current portfolio management structures.
Risks
Investing in the WisdomTree Cardano ETP involves market risk, digital asset exchange risk, liquidity risk, and currency risk. The price of Cardano may fluctuate due to various factors, and there is no certainty of always being able to buy or sell securities on a stock exchange. Currency fluctuations can also impact the value of holdings. Investors should refer to the Prospectus for a detailed discussion of potential risks before investing.