{"id":694859,"date":"2026-06-10T03:52:17","date_gmt":"2026-06-10T03:52:17","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/694859\/"},"modified":"2026-06-10T03:52:17","modified_gmt":"2026-06-10T03:52:17","slug":"wisdomtree-etfs-with-private-assets-next-for-asset-management","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/694859\/","title":{"rendered":"WisdomTree: ETFs with Private Assets Next for Asset Management"},"content":{"rendered":"

Jonathan Steinberg, CEO of WisdomTree Inc., an ETF issuer with roughly $170 billion in AUM, focused on ETFs delivering exposure to private markets<\/a> as the next step in the evolution of asset management during his appearance at the BNY INSITE 2026 conference in Aurora, Colo. Steinberg was featured in a panel titled \u201cThe Future of Asset Management and the Convergence with Wealth Management.\u201d<\/p>\n

Steinberg was critical of the push to have more retail investors allocate money to private markets through evergreen funds<\/a>, including the Trump administration\u2019s effort to expand access to alternatives through workplace retirement plans<\/a>. He cited challenges, including limited liquidity and a lack of transparency into how private-market assets are priced within such funds, as reasons to view them with caution.<\/p>\n

\u201cPeople are telling retail investors: \u2018You need to have up to 30% of your assets in private assets.\u2019 Sounds like a lot!\u201d Steinberg said, adding that \u201cHigh fees can corrupt advice.\u201d He also noted that private equity today does not deliver the same high returns as it did 15 to 20 years ago.\u00a0<\/p>\n

Related:Three ETFs Likely to Benefit from a Capex Supercycle<\/a><\/p>\n

As another way to give retail investors exposure to private assets, WisdomTree acquired alternative asset manager Ceres Inc. last year, with plans to launch a commodities ETF with exposure to Ceres\u2019 farmland holdings by the end of the first quarter of 2027.\u00a0<\/p>\n

According to Steinberg, as a result of the Ceres acquisition, WisdomTree has become the third-largest owner of farmland in the U.S. with 180,000 acres. Calling it \u201cthe most interesting asset class in the world,\u201d Steinberg noted that WisdomTree will be competing with the Mormon church, Bill Gates and family farmers, rather than BlackRock or Blackstone, two of the largest alternative asset managers in the world. In addition, WisdomTree plans to launch an equity ETF with venture capital exposure in early 2027.<\/p>\n

\u201cWhat I don\u2019t want to be is the last person buying SpaceX<\/a>,\u201d Steinberg said.<\/p>\n

\u201cAs my competitors are taking private credit and putting it into interval funds, we will be taking private assets and putting them into ETFs,\u201d he said. \u201cWe\u2019ll be able to get to 15% [private asset] exposure, but there will be no K-1s, no paperwork, no holding period, no minimums, no maximums. And you, the advisor, will have a choice\u2014you can lock up your client\u2019s money and do all that comes with traditional private assets. It can absolutely be worth it. But that manager needs to be great. And you need to know your customer and sort out if it\u2019s worth it for them.\u201d<\/p>\n

Related:16 Investment Must Reads for This Week (May 26, 2026)<\/a><\/p>\n

Steinberg also touched on how tokenization will likely revolutionize the financial services industry a generation from now<\/a>. While WisdomTree holds $1 billion in tokenized digital assets, he admitted that today, the subject of tokenization is not relevant for most financial intermediaries.<\/p>\n

\u201cIn fact, when it really evolves, you won\u2019t even know. It\u2019s like the internet\u2014we don\u2019t know how it works, it\u2019s just out there embedded in everything we do. We\u2019ll bring financial services onto the blockchain,\u201d he said.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"Jonathan Steinberg, CEO of WisdomTree Inc., an ETF issuer with roughly $170 billion in AUM, focused on ETFs…\n","protected":false},"author":2,"featured_media":694860,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39],"tags":[28,147,530],"class_list":["post-694859","post","type-post","status-publish","format-standard","has-post-thumbnail","category-personal-finance","tag-business","tag-personal-finance","tag-personalfinance"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/694859","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=694859"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/694859\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/694860"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=694859"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=694859"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=694859"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}