On April 12, 2023, ETFS Capital Limited announced that the board of directors of the WisdomTree Inc has repeatedly refused to engage in any way since May 25, 2022, on August 16 and November 1, 2022, gave detailed presentations with the sole purpose of assisting the board, in improving Company’s operations and strategic decision-making, the Company given no feedback on these presentations, nor have any material changes being implemented in the areas of concern raised. In addition, ETFS Capital stated that the board needs further change to trigger the actions urgently required to address the dismal performance of the Company and ETFS Capital nominated Bruce E Aust, Tonia Pankopf and Graham Tuckwell to the Company board, at the 2023 annual meeting of shareholders.