SEC Grants Order for WisdomTree Digital Money Market Fund Trading

WisdomTree Digital Money Market Fund Cleared for Intraday $1 Trading

The U.S. Securities and Exchange Commission (SEC) has just taken a big step forward for digital finance. On February 24, 2026, the agency granted a special "exemptive order" to the WisdomTree Digital Money Market Fund. This new ruling allows the offerring to work differently than almost any other mutual fund on the market today. It marks a major shift in how the government views blockchain-based investments.

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In the past, mutual fund investors had to wait until the end of the day to find out the price of their shares. This is known as "forward pricing". However, the WisdomTree Digital Money Market Fund (WTGXX) is now allowed to trade at a fixed price of $1.00 all day long. This means you can buy or sell shares through a dealer at any time during the trading day without waiting for the industry to close.

Why the WisdomTree Digital Money Market Fund Changes Everything

The SEC's decision is important because it helps tokenized shares move much faster. Because the Digital MMF uses blockchain technology, the new rules allow for nearly instant settlement. Instead of waiting days for a trade to clear, investors can move their capital much more quickly.

Better Liquidity and Access

The SEC issued this order to help improve how industry portfolio work in the modern world. Here is what the new rules change for the fund:

Fixed Price Trading: Investors can buy or sell shares at exactly $1.00 throughout the day.

No End-of-Day Wait: You are no longer restricted by the fund's end-of-day net asset value (NAV).

Dealer Access: Registered broker-dealers can now sell these On-chain shares directly to investors at a stable price.

Blockchain Speed: Using a blockchain makes the back-office work of the offering much more efficient.

A Fair Deal for Investors

The SEC also looked at how WisdomTree works with its own partners. They granted relief to let WisdomTree Securities Inc. participate in these trades. The Commission found that this setup is fair and does not give the company an unfair advantage over other investors. This move ensures that the fund has plenty of liquidity, making it easier for people to get their capital out when they need it.

Expert Analysis: The New Race for Yield

This approval puts the WisdomTree Digital Money Market Funds in a strong position to compete with both traditional banks and stablecoins. By offering a regulated, $1.00-per-share offering that trades like a digital asset, WisdomTree could attract a lot of new capital. This might even force other funds to change their strategies or offer better yields to keep their customers.

While this is currently a "controlled pilot" program, it could lead to many more On-chain portfolio's in the future. If this experiment works well, we might see a day where all mutual funds move to the blockchain for faster, cheaper trading.

Your Money Your Life Disclaimer: Money market funds aim to keep a stable $1.00 value, but it is possible to lose capital by investing in them. They are not FDIC-insured. On-chain assets also have unique technical risks. Always speak with a financial advisor before investing.