Wilshire Phoenix is an investment management firm that aims to bridge the gap between traditional finance and the emerging digital asset class. Founded by William Herrmann, the company is known for its innovative approach to creating financial products, including its well-publicized 2019 filing with the SEC for a Bitcoin and U.S. T-bill-backed exchange-traded fund (ETF). While the initial ETF was disapproved, the firm continues to develop and manage investment funds and create proprietary indices, such as the Wilshire Phoenix Crypto (wCPI) Index, for institutional and accredited investors.

Founded in

United States