Binance Wealth Management launches ETF wealth management, aiming to become a one-stop TradFi asset allocation platform.

BlockBeats news, September 15: Binance Wealth Management has launched ETF Wealth Management, aiming to provide users with a one-stop TradFi asset allocation platform focused on cash management and yield-oriented strategies, such as short-term U.S. Treasury ETFs and investment-grade bond ETFs.

Users can browse products and place orders independently through ETF Wealth Management, and execute them in the market via Binance Stock Trading. Users hold actual ETF shares and all their economic rights, including market price changes and any cash dividends. Orders are executed, cleared, and custodied through licensed third-party brokers. The official statement said that ETF Wealth Management is not a savings product, does not provide fixed returns, and ETF prices fluctuate with the market.

The first phase of Binance ETF Wealth Management includes 11 U.S. stock ETFs suitable for cash management and stable income scenarios, covering cash management within 6 months, stable income for 6-12 months, and yield enhancement for over 1 year.