WisdomTree Treasury MM Digital Fund
WisdomTree Government Money Market Digital Fund (WTGXX), part of WisdomTree Digital Trust, filed to change its name to WisdomTree Treasury Money Market Digital Fund. The Prospectus update <b:> for the "Supplement dated August 28, 2025, to the currently effective Statutory Prospectus and Statement of Additional Information, dated November 1, 2024," says, "Effective on or about November 1, 2025 (the “Effective Date”), the Fund’s name, non-fundamental investment policy, and principal investment strategies will be revised. Why the Changes: `The impetus for the changes is to ensure the Fund's eligible investor base includes payment stablecoin issuers seeking to comply with newly enacted U.S. legislation, namely the Guiding and Establishing National Innovation for U.S. Stablecoins Act (the 'GENIUS Act') and any implementing regulations. These changes will align the Fund's portfolio with the reserve asset requirements set forth in GENIUS Act, positioning the Fund as an eligible investment option for such payment stablecoin issuers. The Fund will remain an investment option for other types of institutional investors as well as retail investors." Discussing, "What is Changing," the filing tells us, "Effective on or around November 1, 2025, the Fund's name, non-fundamental investment policy, and principal investment strategies will be amended as follows: Current - WisdomTree Government Money Market Digital Fund; Revised - WisdomTree Treasury Money Market Digital Fund." It says, "Under normal circumstances, at least 80% of the value of its net assets will be invested in government securities and repurchase agreements collateralized by government securities. Under normal circumstances, at least 80% of the value of its net assets will be invested in Treasury securities, repurchase agreements collateralized by Treasury securities and shares of registered Treasury money market funds. Accordingly, the Fund's eligible investment universe under its principal investment strategies will be narrowed to exclude U.S. government agency securities and U.S. Treasury securities with a remaining maturity greater than 93 days, which are not permissible reserve assets under the GENIUS Act. Because the Fund intends to invest in a narrower investment universe than under its current principal investment strategies, the Fund's yield may be lower than it is currently achieving and lower than other money market funds that are permitted to invest in a wider universe of investments." WisdomTree adds, "What is Not Changing: The Fund's investment objective will not change, whereby the Fund will continue to seek to provide investors with a high level of current income consistent with preservation of capital and liquidity and the maintenance of a stable $1.00 net asset value (NAV) per share. In addition, the Fund will continue to seek to operate in compliance with Rule 2a-7 under the Investment Company Act of 1940. Lastly, the Fund's management fee is not changing and its ticker symbol of WTGXX will remain the same." (For more, see Crane Data's Feb. 26, 2024 News," "WisdomTree Launches Digital Govt MMF; Tradias Tokenizes First Euro MF.")
