WisdomTree CEO: Blockchain Could Disrupt Financial Industry Like ETFs Did

Jonathan Steinberg says the ‘right regulation’ is needed to allow blockchain’s benefits

article-image

WisdomTree CEO Jonathan Steinberg

share

Blockchain technology can disrupt traditional financial services the way that ETFs have disturbed mutual funds, WisdomTree CEO Jonathan Steinberg said during an interview at Blockworks’ Digital Asset Summit last month.     

“I do believe that this will prove to be the next wrapper that will transform not just asset management, but all of financial services,” he noted. 

Steinberg said that current regulatory issues around crypto will have to be solved in order to mainstream the space.

Though WisdomTree currently offers several exchange traded products in Europe that invest in cryptocurrencies, it awaits approval from the SEC for its proposed bitcoin ETF in the US. 

“The SEC is starting to understand that not approving a bitcoin [exchange traded product] is forcing investors into inferior structures and it is having negative consequences,” he noted.

Watch the full interview below and watch all of the panel videos from DAS here.


Are you a UK or EU reader that can’t get enough investor-focused content on digital assets? Join us in London on November 15th and 16th for the Digital Asset Summit (DAS) London. Use code ARTICLE for £75 off your ticket. Buy it now.


Tags

Decoding crypto and the markets. Daily, with Byron Gilliam.

Upcoming Events

Old Billingsgate

Mon - Wed, October 13 - 15, 2025

Blockworks’ Digital Asset Summit (DAS) will feature conversations between the builders, allocators, and legislators who will shape the trajectory of the digital asset ecosystem in the US and abroad.

recent research

Research Report Templates.png

Research

Pipe Network is a decentralized content delivery network (dCDN) that replaces the sparse, capital intensive data center footprint of traditional CDNs with a permissionless mesh of independent node operators. By orchestrating under-utilized resources that already exist at the edge, rather than purchasing or leasing thousands of servers, Pipe slashes capital intensity while letting supply expand autonomously in the places where bandwidth is scarcest and most expensive.

article-image

What if growth goes exponential while you’re hiding in gold and bitcoin?

article-image

While Compass Point analysts downgrade its Circle price target, Jefferies initiates Galaxy coverage with ‘buy’ rating

article-image

Friday News potpourri: Here’s what’s shaping up across Bitcoin, Ethereum and beyond.

article-image

A little inside baseball about crypto news

article-image

Dragonfly’s Rob Hadick and Empire’s Jason Yanowitz talked about the market and what they’re watching

article-image

For just $54, you, too, could send a memecoin 500% higher