On May 14, 2024, ETFS Capital Limited announced that it has responded to WisdomTree Inc?s letter to shareholders, stating that it believes that Company?s ETF business is worth $2.1 to $3.0 billion to common stockholders significantly more than the Company?s market value, and Considering its?s thesis is that Company?s share price could be significantly higher if the Company was managed better, the Board?s constant repetition of total shareholder return or recent analyst ratings should be moot. In addition, ETFS Capital stated that it is aligned with its fellow stockholders and its request that the Board should form a special committee of truly independent directors with a mandate to consider strategic alternatives including, but not limited to, a sale of part or all of the business and returning capital to stockholders, and a significant repositioning of the business including the replacement of members of Company?s senior leadership team. Further, ETFS Capital recommended the shareholders of the Company to vote against the re-election of the Win Neuger, Anthony Bossone, and Jonathan Steinberg, at the 2024 annual meeting of shareholders.