WisdomTree Launches Space Economy Fund (WSPC)
New exchange-traded fund (“ETF”) provides exposure to companies across the global space economy
WisdomTree, Inc. (“WisdomTree”) (NYSE: WT), a global financial innovator, today announced the launch of the WisdomTree Space Economy Fund (WSPC), listed on The Nasdaq Stock Market LLC, with an expense ratio of 0.75%. The launch of WSPC expands WisdomTree's thematic ETF lineup, providing investors with targeted exposure to companies across the rapidly evolving space economy value chain at a time when falling launch costs, accelerating commercial innovation, and rising government investment are reshaping the global space economy.
WSPC is designed to provide targeted exposure to global companies across the full space economy value chain, including launch vehicles and orbital, and deep space infrastructure, satellite broadband, Earth observation intelligence, defense space systems, and emerging technologies, offering investors access to the ongoing buildout of the global space economy.
"Space has been evolving from a government-monopolized domain to a multi-layer commercial economy for some time, but we believe that transition has now reached a point where the enabling conditions are clearly in place," said Christopher Gannatti, Global Head of Research at WisdomTree. "The cost revolution in launch has already happened. Data monetization models are proving their worth, and defense procurement is accelerating as governments treat space as a contested domain rather than a scientific endeavor. What makes this moment distinct is that those drivers are compounding across layers simultaneously, not sequentially. WSPC is designed to follow the full stack through targeted exposure, from the companies providing access to orbit to the ones turning that access into intelligence, connectivity, and national security infrastructure.”
