WisdomTree (WT) 10-Q 8 Nov 23 2023 Q3 Quarterly report Financial data

Cover

Cover - shares	9 Months Ended
	Sep. 30, 2023	Nov. 02, 2023
Document Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Transition Report	false
Entity Interactive Data Current	Yes
Amendment Flag	false
Document Period End Date	Sep. 30, 2023
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q3
Entity Information [Line Items]
Entity Registrant Name	WisdomTree, Inc.
Entity Central Index Key	0000880631
Entity File Number	001-10932
Entity Tax Identification Number	13-3487784
Entity Incorporation, State or Country Code	DE
Current Fiscal Year End Date	--12-31
Entity Current Reporting Status	Yes
Entity Shell Company	false
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Contact Personnel [Line Items]
Entity Address, Address Line One	250 West 34th Street
Entity Address, Address Line Two	3rd Floor
Entity Address, City or Town	New York
Entity Address, State or Province	NY
Entity Address, Postal Zip Code	10119
Entity Phone Fax Numbers [Line Items]
City Area Code	212
Local Phone Number	801-2080
Entity Listings [Line Items]
Entity Common Stock, Shares Outstanding		150,335,358
Common Stock
Entity Listings [Line Items]
Title of 12(b) Security	Common Stock, $0.01 par value
Trading Symbol	WT
Security Exchange Name	NYSE
Preferred Stock
Entity Listings [Line Items]
Title of 12(b) Security	Preferred Stock Purchase Rights
No Trading Symbol Flag	true
Security Exchange Name	NYSE

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents (Note 3)	$ 89,481	$ 132,101
Financial instruments owned, at fair value (including $54,259 and $25,283 invested in WisdomTree products at September 30, 2023 and December 31, 2022, respectively) (Note 5)	78,950	126,239
Accounts receivable (including $32,315 and $24,139 due from related parties at September 30, 2023 and December 31, 2022, respectively)	35,868	30,549
Prepaid expenses	6,511	4,684
Other current assets	1,004	390
Total current assets	211,814	293,963
Fixed assets, net	457	544
Indemnification receivable (Note 20)		1,353
Securities held-to-maturity	237	259
Deferred tax assets, net (Note 20)	9,508	10,536
Investments (Note 7)	36,873	35,721
Right of use assets—operating leases (Note 12)	866	1,449
Goodwill (Note 22)	86,841	85,856
Intangible assets, net (Note 22)	604,781	603,567
Other noncurrent assets	447	571
Total assets	951,824	1,033,819
Current liabilities:
Fund management and administration payable	27,655	36,521
Compensation and benefits payable	27,792	24,121
Income taxes payable	4,365	1,599
Operating lease liabilities (Note 12)	889	1,125
Convertible notes—current (Note 10)		59,197
Deferred consideration—gold payments (Note 9)		16,796
Accounts payable and other liabilities	14,660	9,075
Total current liabilities	75,361	148,434
Convertible notes (Note 10)	274,514	262,019
Deferred consideration—gold payments (Note 9)		183,494
Operating lease liabilities (Note 12)		339
Other noncurrent liabilities (Note 20)		1,353
Total liabilities	349,875	595,639
Preferred stock	132,569	132,569
Contingencies (Note 13)
Stockholders’ equity
Preferred stock
Common stock, par value $0.01; 400,000 shares authorized; issued and outstanding: 150,335 and 146,517 at September 30, 2023 and December 31, 2022, respectively	1,503	1,465
Additional paid-in capital	387,507	291,847
Accumulated other comprehensive loss	(1,637)	(1,420)
Retained earnings	82,007	13,719
Total stockholders’ equity	469,380	305,611
Total liabilities and stockholders’ equity	951,824	1,033,819
Series C Non-Voting Convertible
Stockholders’ equity
Preferred stock

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parentheticals) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Preferred stock, par value (in Dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized	2,000,000	2,000,000
Common stock, par value (in Dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized	400,000,000	400,000,000
Common stock, shares issued	150,335,000	146,517,000
Common stock, shares outstanding	150,335,000	146,517,000
Series A Non-Voting Convertible
Preferred stock, par value (in Dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized	14,750	14,750
Preferred stock, shares issued	14,750	14,750
Preferred stock, shares outstanding	14,750	14,750
Preferred Stock Redemption Value (in Dollars)	$ 105,090	$ 77,969
Series C Non-Voting Convertible
Preferred stock, par value (in Dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized	13,087	13,087
Preferred stock, shares issued	13,087	13,087
Preferred stock shares outstanding	13,087	13,087
Related Party
Accounts receivable from related parties (in Dollars)	$ 32,315	$ 24,139
WisdomTree ETF
Securities owned, at fair value (in Dollars)	$ 54,259	$ 25,283

Consolidated Statements of Oper

Consolidated Statements of Operations (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Operating Revenues:
Revenues	$ 90,423	$ 72,414	$ 258,191	$ 228,035
Operating Expenses:
Compensation and benefits	27,955	23,714	81,672	73,066
Fund management and administration	18,023	16,285	52,903	47,855
Marketing and advertising	3,833	3,145	12,305	11,062
Sales and business development	3,383	2,724	9,703	8,464
Contractual gold payments (Note 9)		4,105	6,069	13,001
Professional fees	3,719	2,367	15,768	11,134
Occupancy, communications and equipment	1,203	986	3,476	2,788
Depreciation and amortization	307	58	537	158
Third-party distribution fees	2,694	1,833	6,828	5,863
Other	2,601	2,324	7,473	6,278
Total operating expenses	63,718	57,541	196,734	179,669
Operating income	26,705	14,873	61,457	48,366
Other Income/(Expenses):
Interest expense	(3,461)	(3,734)	(11,484)	(11,199)
Gain on revaluation/termination of deferred consideration—gold payments (Note 9)		77,895	61,953	63,188
Interest income	791	811	2,874	2,375
Impairments (Note 7)	(2,703)		(7,603)
Loss on extinguishment of convertible notes (Note 10)			(9,721)
Other losses, net	(2,512)	(5,289)	(3,233)	(34,470)
Income before income taxes	18,820	84,556	94,243	68,260
Income tax expense/(benefit)	5,836	3,327	10,774	(10,713)
Net income	$ 12,984	$ 81,229	$ 83,469	$ 78,973
Earnings per share—basic (in Dollars per share)	$ 0.07	$ 0.5	$ 0.5	$ 0.49
Earnings per share—diluted (in Dollars per share)	$ 0.07	$ 0.5	$ 0.49	$ 0.49
Weighted-average common shares—basic (in Shares)	145,284	143,120	144,505	142,984
Weighted-average common shares—diluted (in Shares)	177,140	158,953	169,997	158,741
Cash dividends declared per common share (in Dollars per share)	$ 0.03	$ 0.03	$ 0.09	$ 0.09
Advisory fees
Operating Revenues:
Revenues	$ 86,598	$ 70,616	$ 246,239	$ 222,719
Other income
Operating Revenues:
Revenues	$ 3,825	$ 1,798	$ 11,952	$ 5,316

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Statement of Comprehensive Income [Abstract]
Net income	$ 12,984	$ 81,229	$ 83,469	$ 78,973
Foreign currency translation adjustment, net of income taxes	(944)	(3,684)	(217)	(5,891)
Other comprehensive loss	(944)	(3,684)	(217)	(5,891)
Comprehensive income	$ 12,040	$ 77,545	$ 83,252	$ 73,082

Consolidated Statements of Chan

Consolidated Statements of Changes in Stockholders' Equity (Unaudited) - USD ($) $ in Thousands	Series C Preferred Stock Preferred Stock	Common Stock	Additional Paid-In Capital	Accumulated Other Comprehensive Loss	Retained Earnings	Total
Balance at Dec. 31, 2021		$ 1,451	$ 289,736	$ 682	$ (22,445)	$ 269,424
Balance (in Shares) at Dec. 31, 2021		145,107,000
Shares repurchased		$ (6)	(3,412)			(3,418)
Shares repurchased (in Shares)		(593,000)
Restricted stock issued and vesting of restricted stock units, net		$ 20	(20)
Restricted stock issued and vesting of restricted stock units, net (in Shares)		2,006,000
Stock-based compensation			7,822			7,822
Other comprehensive loss				(5,891)		(5,891)
Dividends			(4,842)		(9,679)	(14,521)
Net income					78,973	78,973
Balance at Sep. 30, 2022		$ 1,465	289,284	(5,209)	46,849	332,389
Balance (in Shares) at Sep. 30, 2022		146,520,000
Balance at Jun. 30, 2022		$ 1,465	286,854	(1,525)	(29,538)	257,256
Balance (in Shares) at Jun. 30, 2022		146,511,000
Shares repurchased			(24)			(24)
Shares repurchased (in Shares)		(4,000)
Restricted stock issued and vesting of restricted stock units, net
Restricted stock issued and vesting of restricted stock units, net (in Shares)		13,000
Stock-based compensation			2,454			2,454
Other comprehensive loss				(3,684)		(3,684)
Dividends					(4,842)	(4,842)
Net income					81,229	81,229
Balance at Sep. 30, 2022		$ 1,465	289,284	(5,209)	46,849	332,389
Balance (in Shares) at Sep. 30, 2022		146,520,000
Balance at Dec. 31, 2022		$ 1,465	291,847	(1,420)	13,719	305,611
Balance (in Shares) at Dec. 31, 2022		146,517,000
Shares repurchased		$ (6)	(3,564)			(3,570)
Shares repurchased (in Shares)		(636,000)
Shares issued in connection with termination of the deferred consideration—gold payments obligation, net of issuance costs (Note 9)			86,801			86,801
Shares issued in connection with termination of the deferred consideration—gold payments obligation, net of issuance costs (Note 9) (in Shares)	13,000
Restricted stock issued and vesting of restricted stock units, net		$ 34	(34)
Restricted stock issued and vesting of restricted stock units, net (in Shares)		3,417,000
Shares issued in connection with convertible notes that matured on June 15, 2023 (Note 11)		$ 10	35			45
Shares issued in connection with convertible notes that matured on June 15, 2023 (Note 11) (in Shares)		1,037,000
Stock-based compensation			12,422			12,422
Other comprehensive loss				(217)		(217)
Dividends					(15,181)	(15,181)
Net income					83,469	83,469
Balance at Sep. 30, 2023		$ 1,503	387,507	(1,637)	82,007	469,380
Balance (in Shares) at Sep. 30, 2023	13,000	150,335,000
Balance at Jun. 30, 2023		$ 1,503	383,621	(693)	74,356	458,787
Balance (in Shares) at Jun. 30, 2023	13,000	150,343,000
Shares repurchased			(30)			(30)
Shares repurchased (in Shares)		(5,000)
Restricted stock issued and vesting of restricted stock units, net
Restricted stock issued and vesting of restricted stock units, net (in Shares)		(3,000)
Stock-based compensation			3,916			3,916
Other comprehensive loss				(944)		(944)
Dividends					(5,333)	(5,333)
Net income					12,984	12,984
Balance at Sep. 30, 2023		$ 1,503	$ 387,507	$ (1,637)	$ 82,007	$ 469,380
Balance (in Shares) at Sep. 30, 2023	13,000	150,335,000

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Cash flows from operating activities:
Net income	$ 83,469	$ 78,973
Adjustments to reconcile net income to net cash provided by operating activities:
Gain on revaluation/termination of deferred consideration—gold payments	(61,953)	(63,188)
Advisory and license fees paid in gold, other precious metals and cryptocurrency	(37,632)	(44,886)
Stock-based compensation	12,422	7,822
Loss on extinguishment of convertible notes	9,721
Impairments	7,603
Contractual gold payments	6,069	13,001
Amortization of issuance costs—convertible notes	1,443	1,941
Deferred income taxes	1,282	2,233
Losses on investments	1,245
Losses on financial instruments owned, at fair value	1,006	15,633
Amortization of right of use asset	963	648
Depreciation and amortization	537	158
Other		(223)
Changes in operating assets and liabilities:
Accounts receivable	(7,346)	4,076
Prepaid expenses	(1,826)	(2,356)
Gold and other precious metals	30,629	33,598
Other assets	356	(503)
Intangibles—software development	(1,569)	(1,958)
Fund management and administration payable	3,577	1,369
Compensation and benefits payable	(8,786)	(4,990)
Income taxes payable	2,802	(1,822)
Operating lease liabilities	(955)	(644)
Accounts payable and other liabilities	5,293	4,231
Net cash provided by operating activities	48,350	43,113
Cash flows from investing activities:
Purchase of financial instruments owned, at fair value	(56,837)	(41,240)
Purchase of investments	(10,000)	(11,863)
Acquisition of Securrency Transfers, Inc. (net of cash acquired)	(985)
Purchase of fixed assets	(93)	(211)
Proceeds from the sale of financial instruments owned, at fair value	102,276	27,650
Receipt of contingent consideration – Sale of Canadian ETF business	1,477
Proceeds from held-to-maturity securities maturing or called prior to maturity	22	38
Net cash provided by/(used in) investing activities	35,860	(25,626)
Cash flows from financing activities:
Repurchase and maturity of convertible notes (Note 10)	(184,272)
Termination of deferred consideration—gold payments	(50,005)
Dividends paid	(14,897)	(14,521)
Shares repurchased	(3,570)	(3,418)
Issuance costs—Convertible notes	(3,548)
Issuance costs—Series C Preferred Stock	(97)
Proceeds from the issuance of convertible notes (Note 10)	130,000
Net cash used in financing activities	(126,389)	(17,939)
Decrease in cash flow due to changes in foreign exchange rate	(441)	(7,557)
Net decrease in cash and cash equivalents	(42,620)	(8,009)
Cash and cash equivalents—beginning of year	132,101	140,709
Cash and cash equivalents—end of period	89,481	132,700
Supplemental disclosure of cash flow information:
Cash paid for income taxes	8,069	8,769
Cash paid for interest	$ 8,272	$ 6,156

Organization and Description of

Organization and Description of Business	9 Months Ended
	Sep. 30, 2023
Organization and Description of Business [Abstract]
Organization and Description of Business	1. Organization and Description of Business WisdomTree, Inc., through its global subsidiaries (collectively, “WisdomTree” or the “Company”), is a global financial innovator, offering a well-diversified suite of exchange-traded products (“ETPs”), models and solutions. Building on its heritage of innovation, the Company is also developing and has recently launched next-generation digital products and structures, including digital or blockchain-enabled mutual funds (“Digital Funds”) and tokenized assets, as well as its blockchain-native digital wallet, WisdomTree Prime™. The Company has the following wholly-owned operating subsidiaries: ● WisdomTree Asset Management, Inc. ● WisdomTree Management Jersey Limited ● WisdomTree Multi Asset Management Limited ● WisdomTree Management Limited ● WisdomTree UK Limited ● WisdomTree Europe Limited ● WisdomTree Ireland Limited ● WisdomTree Digital Commodity Services, LLC ● WisdomTree Digital Management, Inc. ● WisdomTree Digital Movement, Inc ● WisdomTree Securities, Inc ● WisdomTree Transfers, Inc.

Significant Accounting Policies

Significant Accounting Policies	9 Months Ended
	Sep. 30, 2023
Significant Accounting Policies [Abstract]
Significant Accounting Policies	2. Significant Accounting Policies Basis of Presentation These consolidated financial statements have been prepared in conformity with U.S. generally accepted accounting principles (“GAAP”) and in the opinion of management reflect all adjustments, consisting of only normal recurring adjustments, necessary for a fair statement of financial condition, results of operations, and cash flows for the periods presented. The consolidated financial statements include the accounts of the Company’s wholly-owned subsidiaries. All intercompany accounts and transactions have been eliminated in consolidation. Consolidation The Company consolidates entities in which it has a controlling financial interest. The Company determines whether it has a controlling financial interest in an entity by first evaluating whether the entity is a voting interest entity (“VOE”) or a variable interest entity (“VIE”). The usual condition for a controlling financial interest in a VOE is ownership of a majority voting interest. If the Company has a majority voting interest in a VOE, the entity is consolidated. The Company has a controlling financial interest in a VIE when the Company has a variable interest that provides it with (i) the power to direct the activities of the VIE that most significantly impact the VIE’s economic performance and (ii) the obligation to absorb losses of the VIE or the right to receive benefits from the VIE that could potentially be significant to the VIE. The Company reassesses its evaluation of whether an entity is a VOE or VIE when certain reconsideration events occur. Segment and Geographic Information The Company, through its subsidiaries in the U.S. and Europe, conducts business as a single operating segment as an ETP sponsor and asset manager which is based upon the Company’s current organizational and management structure, as well as information used by the chief operating decision maker to allocate resources and other factors. Foreign Currency Translation Assets and liabilities of subsidiaries whose functional currency is not the U.S. dollar are translated based on the end of period exchange rates from local currency to U.S. dollars. Results of operations are translated at the average exchange rates in effect during the period. The impact of the foreign currency translation adjustment is included in the Consolidated Statements of Comprehensive Income as a component of other comprehensive loss. Use of Estimates The preparation of the Company’s consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities as of the balance sheet dates and the reported amounts of revenues and expenses for the periods presented. Actual results could differ materially from those estimates. Revenue Recognition The Company earns substantially all of its revenue in the form of advisory fees from its ETPs and recognizes this revenue over time, as the performance obligation is satisfied. Advisory fees are based on a percentage of the ETPs’ average daily net assets. Progress is measured using the practical expedient under the output method resulting in the recognition of revenue in the amount for which the Company has a right to invoice. Contractual Gold Payments Contractual gold payments are measured and paid monthly based upon the average daily spot price of gold (Note 9). The Company’s obligation to continue making these payments terminated on May 10, 2023. Marketing and Advertising Marketing and advertising costs, including media advertising and production costs, are expensed when incurred. Depreciation and Amortization Depreciation and amortization is provided for using the straight-line method over the estimated useful lives of the related assets as follows: Equipment 3 to 5 years Internally-developed software 3 years The assets listed above are recorded at cost less accumulated depreciation and amortization. Stock-Based Awards Accounting for stock-based compensation requires the measurement and recognition of compensation expense for all equity awards based on estimated fair values. Stock-based compensation is measured based on the grant-date fair value of the award and is amortized over the relevant service period. Forfeitures are recognized when they occur. Third-Party Distribution Fees The Company pays a percentage of its advisory fee revenues based on incremental growth in assets under management (“AUM”), subject to caps or minimums, to marketing agents to sell WisdomTree ETFs and for including WisdomTree ETFs on third-party customer platforms and recognizes these expenses as incurred. Cash and Cash Equivalents The Company considers all highly liquid investments with an original maturity of 90 days or less at the time of purchase to be classified as cash equivalents. The Company maintains deposits with financial institutions in an amount that is in excess of federally insured limits. Accounts Receivable Accounts receivable are customer and other obligations due under normal trade terms. The Company measures credit losses, if any, by applying historical loss rates, adjusted for current conditions and reasonable and supportable forecasts to amounts outstanding using the aging method. Impairment of Long-Lived Assets The Company performs a review for the impairment of long-lived assets when events or changes in circumstances indicate that the estimated undiscounted future cash flows expected to be generated by the assets are less than their carrying amounts or when other events occur which may indicate that the carrying amount of an asset may not be recoverable. Financial Instruments Owned and Financial Instruments Sold, but Not yet Purchased (at Fair Value) Financial instruments owned and financial instruments sold, but not yet purchased are financial instruments classified as either trading or available-for-sale (“AFS”). These financial instruments are recorded on their trade date and are measured at fair value. All equity instruments that have readily determinable fair values are classified by the Company as trading. Debt instruments are classified based primarily on the Company’s intent to hold or sell the instrument. Changes in the fair value of debt instruments classified as trading and AFS are reported in other income/(expenses) and other comprehensive income, respectively, in the period the change occurs. Debt instruments classified as AFS are assessed for impairment on a quarterly basis and an estimate for credit loss is provided when the fair value of the AFS debt instrument is below its amortized cost basis. Credit-related impairments are recognized in earnings with a corresponding adjustment to the instrument’s amortized cost basis if the Company intends to sell the impaired AFS debt instrument or it is more likely than not the Company will be required to sell the instrument before recovering its amortized cost basis. Other credit-related impairments are recognized as an allowance with a corresponding adjustment to earnings. Impairments resulting from noncredit-related factors are recognized in other comprehensive income. Amounts recorded in other comprehensive income are reclassified into earnings upon sale of the AFS debt instrument using the specific identification method. Securities Held-to-Maturity The Company accounts for certain of its securities as held-to-maturity on a trade date basis, which are recorded at amortized cost. For held-to-maturity securities, the Company has the intent and ability to hold these securities to maturity and it is not more-likely-than-not that the Company will be required to sell these securities before recovery of their amortized cost bases, which may be maturity. Held-to-maturity securities are placed on non-accrual status when the Company is in receipt of information indicating collection of interest is doubtful. Cash received on held-to-maturity securities placed on non-accrual status is recognized on a cash basis as interest income if and when received. The Company reviews its portfolio of held-to-maturity securities for impairment on a quarterly basis, recognizing an allowance, if any, by applying an estimated loss rate after consideration for the nature of collateral securing the financial asset as well as potential future changes in collateral values and historical loss information for financial assets secured with similar collateral. Investments in pass-through government-sponsored enterprises (“GSEs”) are determined to have an estimated loss rate of zero due to an implicit U.S. government guarantee. Investments The Company accounts for equity investments that do not have a readily determinable fair value under the measurement alternative prescribed in Accounting Standards Codification (“ASC”) Topic 321, Investments – Equity Securities (“ASC 321”), to the extent such investments are not subject to consolidation or the equity method. Under the measurement alternative, these financial instruments are carried at cost, less any impairment (assessed quarterly), plus or minus changes resulting from observable price changes in orderly transactions for an identical or similar investment of the same issuer. In addition, income is recognized when dividends are received only to the extent they are distributed from net accumulated earnings of the investee. Otherwise, such distributions are considered returns of investment and are recorded as a reduction of the cost of the investment. Investments in debt instruments are accounted for at fair value, with changes in fair value reported in other income/(expenses). Goodwill Goodwill is the excess of the purchase price over the fair values of the identifiable net assets at the acquisition date. The Company tests goodwill for impairment at least annually and at the time of a triggering event requiring re-evaluation, if one were to occur. Goodwill is considered impaired when the estimated fair value of the reporting unit that was allocated the goodwill is less than its carrying value. If the estimated fair value of such reporting unit is less than its carrying value, goodwill impairment is recognized based on that difference, not to exceed the carrying amount of goodwill. A reporting unit is an operating segment or a component of an operating segment provided that the component constitutes a business for which discrete financial information is available and management regularly reviews the operating results of that component. Goodwill is allocated to the Company’s U.S. business and European business components. For impairment testing purposes, these components are aggregated as a single reporting unit as they fall under the same operating segment and have similar economic characteristics. Goodwill is assessed for impairment annually on November 30 th Intangible Assets Indefinite-lived intangible assets are tested for impairment at least annually and are also reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Indefinite-lived intangible assets are impaired if their estimated fair values are less than their carrying values. Finite-lived intangible assets, if any, are amortized over their estimated useful life, which is the period over which the assets are expected to contribute directly or indirectly to the future cash flows of the Company. These intangible assets are tested for impairment at the time of a triggering event, if one were to occur. Finite-lived intangible assets may be impaired when the estimated undiscounted future cash flows generated from the assets are less than their carrying amounts. The Company may rely on a qualitative assessment when performing its intangible asset impairment test. Otherwise, the impairment evaluation is performed at the lowest level of reasonably identifiable cash flows independent of other assets. The annual impairment testing date for all of the Company’s intangible assets is November 30 th Software Development Costs Software development costs incurred after the preliminary project stage is complete are capitalized if it is probable that the project will be completed and the software will be used as intended. Capitalized costs consist of employee compensation costs and fees paid to third parties who are directly involved in the application development efforts and are included in intangible assets, net in the Consolidated Balance Sheets. Such costs are amortized over the estimated useful life of the software on a straight-line basis and are included in depreciation and amortization in the Consolidated Statements of Operations. Once the application development stage is complete, additional costs are expensed as incurred. Leases The Company accounts for its lease obligations in accordance with ASC Topic 842, Leases (“ASC 842”), which requires the recognition of both (i) a lease liability equal to the present value of the remaining lease payments and (ii) an offsetting right-of-use asset. The remaining lease payments are discounted using the rate implicit in the lease, if known, or otherwise the Company’s incremental borrowing rate. After lease commencement, right-of-use assets are assessed for impairment and otherwise are amortized over the remaining lease term on a straight-line basis. These recognition requirements are not applied to short-term leases, which are those with a lease term of 12 months or less. Instead, lease payments associated with short-term leases are recognized as an expense on a straight-line basis over the lease term. ASC 842 also provides a practical expedient which allows for consideration in a contract to be accounted for as a single lease component rather than allocated between lease and non-lease components. The Company has elected to apply this practical expedient to all lease contracts, where applicable. Deferred Consideration—Gold Payments Deferred consideration—gold payments represented the present value of an obligation to pay gold to a third party into perpetuity and was measured using forward-looking gold prices observed on the CMX exchange, a selected discount rate and perpetual growth rate (Note 9). Changes in the fair value of this obligation were reported as gain on revaluation/termination of deferred consideration—gold payments in the Consolidated Statements of Operations. Convertible Notes Convertible notes are carried at amortized cost, net of issuance costs. The Company accounts for convertible instruments as a single liability (applicable to the convertible notes) or equity with no separate accounting for embedded conversion features unless the conversion feature meets the criteria for accounting under the substantial premium model or does not qualify for a derivative scope exception. Interest expense is recognized using the effective interest method and includes amortization of issuance costs over the life of the debt. Contingencies The Company may be subject to reviews, inspections and investigations by regulatory authorities as well as legal proceedings arising in the ordinary course of business. The Company evaluates the likelihood of an unfavorable outcome of all legal or regulatory proceedings to which it is a party and accrues a loss contingency when the loss is probable and reasonably estimable. Contingent Payments The Company recognizes a gain on contingent payments when the contingency is resolved and the gain is realized. Earnings per Share Basic earnings per share (“EPS”) is computed by dividing net income available to common stockholders by the weighted-average number of common shares outstanding for the period. Net income available to common stockholders represents net income of the Company reduced by an allocation of earnings to participating securities. The Series A non-voting convertible preferred stock and Series C non-voting convertible preferred stock (Note 11) and unvested stock-based equity awards that contain non-forfeitable rights to dividends or dividend equivalents (whether paid or unpaid) are participating securities and are included in the computation of EPS pursuant to the two-class method. Stock-based equity awards that do not contain such rights are not deemed participating securities and are included in diluted shares outstanding (if dilutive). Diluted EPS is calculated under the treasury stock method and the two-class method. The calculation that results in the lowest diluted EPS amount for the common stock is reported in the Company’s consolidated financial statements. The treasury stock method includes the dilutive effect of potential common shares including unvested stock-based awards, the Series A non-voting convertible preferred stock, the Series C non-voting convertible preferred stock and the convertible notes, if any. Potential common shares associated with the Series A non-voting convertible preferred stock, the Series C non-voting convertible preferred stock and the convertible notes are computed under the if-converted method. Potential common shares associated with the conversion option embedded in the convertible notes are dilutive when the Company’s average stock price exceeds the conversion price. Income Taxes The Company accounts for income taxes using the liability method, which requires the determination of deferred tax assets and liabilities based on the differences between the financial and tax bases of assets and liabilities using the enacted tax rates in effect for the year in which differences are expected to reverse. Deferred tax assets are reduced by a valuation allowance if, based on the weight of available evidence, it is more-likely-than-not that some portion or all the deferred tax assets will not be realized. Tax positions are evaluated utilizing a two-step process. The Company first determines whether any of its tax positions are more-likely-than-not to be sustained upon examination, based solely on the technical merits of the position. Once it is determined that a position meets this recognition threshold, the position is measured as the largest amount of benefit that is greater than 50% likely of being realized upon ultimate settlement. The Company records interest expense and penalties related to tax expenses as income tax expense. The Global Intangible Low-Taxed Income (“GILTI”) provisions of the Tax Reform Act requires the Company to include in its U.S. income tax return foreign subsidiary earnings in excess of an allowable return on the foreign subsidiary’s tangible assets. An accounting policy election is available to either account for the tax effects of GILTI in the period that is subject to such taxes or to provide deferred taxes for book and tax basis differences that upon reversal may be subject to such taxes. The Company accounts for the tax effects of these provisions in the period that is subject to such tax. Non-income based taxes are recorded as part of other liabilities and other expenses.

Cash and Cash Equivalents

Cash and Cash Equivalents	9 Months Ended
	Sep. 30, 2023
Cash and Cash Equivalents [Abstract]
Cash and Cash Equivalents	3. Cash and Cash Equivalents Of the total cash and cash equivalents of $89,481 and $132,101 at September 30, 2023 and December 31, 2022, $88,240 and $131,104, respectively, were held at two financial institutions. At September 30, 2023 and December 31, 2022, cash equivalents were approximately $329 and $930, respectively. Certain of the Company’s subsidiaries are required to maintain a minimum level of regulatory capital, which was $27,844 and $25,988 at September 30, 2023 and December 31, 2022, respectively. These requirements are generally satisfied by cash on hand.

Fair Value Measurements

Fair Value Measurements	9 Months Ended
	Sep. 30, 2023
Fair Value Measurements [Abstract]
Fair Value Measurements	4. Fair Value Measurements The fair value of financial instruments is defined as the price that would be received to sell an asset or paid to transfer a liability (i.e., “the exit price”) in an orderly transaction between market participants at the measurement date. ASC 820, Fair Value Measurement, establishes a hierarchy for inputs used in measuring fair value that maximizes the use of observable inputs and minimizes the use of unobservable inputs by requiring that the most observable inputs be used when available. Observable inputs are inputs that market participants would use in pricing the asset or liability developed based on market data obtained from independent sources. Unobservable inputs reflect assumptions that market participants would use in pricing the asset or liability developed based on the best information available in the circumstances. The hierarchy is broken down into three levels based on the transparency of inputs as follows: Level 1 – Quoted prices for identical instruments in active markets. Level 2 – Quoted prices for similar instruments in active markets; quoted prices for identical or similar instruments in markets that are not active; and model-derived valuations whose inputs are observable or whose significant value drivers are observable. Level 3 – Instruments whose significant drivers are unobservable. The availability of observable inputs can vary from product to product and is affected by a wide variety of factors, including, for example, the type of product, whether the product is new and not yet established in the marketplace, and other characteristics particular to the transaction. To the extent that valuation is based on models or inputs that are less observable or unobservable in the market, the determination of fair value requires more judgment. Accordingly, the degree of judgment exercised by management in determining fair value is greatest for instruments categorized in Level 3. In certain cases, the inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the level in the fair value hierarchy within which the fair value measurement in its entirety falls is determined based on the lowest level input that is significant to the fair value measurement in its entirety. The tables below summarize the categorization of the Company’s assets and liabilities measured at fair value. During the three and nine months ended September 30, 2023 and 2022, there were no transfers between Levels 2 and 3. September 30, 2023 Total Level 1 Level 2 Level 3 Assets: Recurring fair value measurements: Cash equivalents $ 329 $ 329 $ — $ — Financial instruments owned, at fair value: ETFs 42,382 42,382 — — Pass-through GSEs 24,419 — 24,419 — Other assets—seed capital (WisdomTree Digital Funds): U.S. treasuries 4,851 4,851 — — Equities 5,405 5,405 — — Fixed income 1,893 — 1,893 — Investments in Convertible Notes (Note 7): Securrency, Inc.—convertible note 16,190 — — 16,190 Securrency, Inc.—secured convertible note 12,925 — — 12,925 Fnality International Limited—convertible note 7,453 — — 7,453 Total $ 115,847 $ 52,967 $ 26,312 $ 36,568 Non-recurring fair value measurements: Securrency, Inc.—Series A convertible preferred stock (1) $ — $ — $ — $ — Securrency, Inc.—Series B convertible preferred stock (1) 305 — — 305 Other investments (1 ) — — — — Total $ 305 $ — $ — $ 305 _____________________________ (1) December 31, 2022 Total Level 1 Level 2 Level 3 Assets: Recurring fair value measurements: Cash equivalents $ 930 $ 930 $ — $ — Financial instruments owned, at fair value ETFs 23,772 23,772 — — U.S. treasuries 2,980 2,980 — — Pass-through GSEs 96,837 23,290 73,547 — Corporate bonds 885 — 885 — Other assets—seed capital (WisdomTree Digital Funds) 1,765 — 1,765 — Investments in Convertible Notes (Note 7) Securrency, Inc.—convertible note 14,500 — — 14,500 Fnality International Limited—convertible note 6,921 — — 6,921 Total $ 148,590 $ 50,972 $ 76,197 $ 21,421 Non-recurring fair value measurements: Other investments (1) $ 312 $ — $ — $ 312 Liabilities: Recurring fair value measurements: Deferred consideration—gold payments (Note 9) $ 200,290 $ — $ — $ 200,290 _____________________________ (1) Recurring Fair Value Measurements – Methodology Cash Equivalents (Note 3) Financial instruments owned (Note 5) Fair Value Measurements classified as Level 3 Three Months Ended September 30, Nine Months Ended September 30, 2023 2022 2023 2022 Investments in Convertible Notes (Note 7) Beginning balance $ 30,602 $ 11,712 $ 21,421 $ — Purchases — — 10,000 11,863 Net unrealized gains (1) 5,966 327 5,147 176 Ending balance $ 36,568 $ 12,039 $ 36,568 $ 12,039 Deferred Consideration (Note 9) Beginning balance $ — $ 242,767 $ 200,290 $ 228,062 Net realized losses (2) — 4,105 6,069 13,001 Net unrealized gains (3) — (77,895 ) (61,953 ) (63,188 ) Settlements — (4,220 ) (144,406 ) (13,118 ) Ending balance $ — $ 164,757 $ — $ 164,757 _____________________________ (1) (2) (3) —

Financial Instruments Owned

Financial Instruments Owned	9 Months Ended
	Sep. 30, 2023
Financial Instruments Owned [Abstract]
Financial instruments owned	5. Financial instruments owned These instruments consist of the following: September 30, December 31, Financial instruments owned Trading securities $ 66,801 $ 124,474 Other assets—seed capital (WisdomTree Digital Funds) 12,149 1,765 $ 78,950 $ 126,239 The Company recognized net trading losses on financial instruments owned that were still held at the reporting dates of $1,958 and $6,010 during the three months ended September 30, 2023 and 2022, respectively, and $648 and $13,922 during the nine months ended September 30, 2023 and 2022, respectively, which were recorded in other losses, net, in the Consolidated Statements of Operations.

Securities Held-to-Maturity

Securities Held-to-Maturity	9 Months Ended
	Sep. 30, 2023
Securities Held-to-Maturity [Abstract]
Securities Held-to-Maturity	6. Securities Held-to-Maturity The following table is a summary of the Company’s securities held-to-maturity: September 30, 2023 December 31, 2022 Debt instruments: Pass-through GSEs (amortized cost) $ 237 $ 259 During the nine months ended September 30, 2023 and 2022, the Company received proceeds of $22 and $38, respectively, from held-to-maturity securities maturing or being called prior to maturity. The following table summarizes unrealized losses, gains and fair value (classified as Level 2 within the fair value hierarchy) of securities held-to-maturity: September 30, 2023 December 31, 2022 Cost/amortized cost $ 237 $ 259 Gross unrealized losses (27 ) (20 ) Fair value $ 210 $ 239 An allowance for credit losses was not provided on the Company’s held-to-maturity securities as all securities are investments in pass-through GSEs which are determined to have an estimated loss rate of zero due to an implicit U.S. government guarantee. The following table sets forth the maturity profile of the securities held-to-maturity; however, these securities may be called prior to the maturity date: September 30, 2023 December 31, 2022 Due within one year $ — $ — Due one year through five years — — Due five years through ten years 23 27 Due over ten years 214 232 Total $ 237 $ 259

Investments

Investments	9 Months Ended
	Sep. 30, 2023
Investments [Abstract]
Investments	7. Investments The following table sets forth the Company’s investments: September 30, 2023 December 31, 2022 Carrying Value Cost Carrying Value Cost Securrency, Inc.—Series A convertible preferred stock $ — $ 8,112 $ 8,488 $ 8,112 Securrency, Inc.—Series B convertible preferred stock 305 5,500 5,500 5,500 Securrency, Inc.—secured convertible note 12,925 10,000 — — Securrency, Inc.—convertible note 16,190 15,000 14,500 15,000 Subtotal—Securrency, Inc. $ 29,420 $ 38,612 $ 28,488 $ 28,612 Fnality International Limited—convertible note 7,453 6,863 6,921 6,863 Other investments — 250 312 250 Total $ 36,873 $ 45,725 $ 35,721 $ 35,725 Securrency, Inc. On October 19, 2023, it was announced that Securrency, Inc. (“Securrency”) entered into an agreement to be acquired by an unrelated third party, which will result in the Company’s exit from this investment. The Company used the market approach to mark its investment in Securrency to the estimated realizable value, which resulted in a net impairment charge of $2,391 recognized during the three months ended September 30, 2023. During the nine months ended September 30, 2023, the Company recognized a net impairment charge on its investment in Securrency totaling $7,291 and additional losses of $1,777, recorded in other losses, net. Fnality International Limited In February 2022, the Company participated in a convertible note financing, making an investment of £5,000 ($6,863) in convertible notes of Fnality International Limited (“Fnality”), a company incorporated in England and Wales and focused on creating a peer-to-peer digital wholesale settlement ecosystem comprised of a consortium of financial institutions, offering real time cross-border payments from a single pool of liquidity. In consideration for its investment, the Company was issued a 5% Convertible Unsecured Loan Note maturing on December 31, 2023. The note is convertible into equity shares in the event of a future qualified equity financing of Fnality. The note will convert at a conversion price equal to the lower of (i) a discount of 20% to the lowest price paid per equity share issued pursuant to such future financing round and (ii) an amount paid per share subject to a pre-money valuation cap. Mandatory conversion may occur on or after the maturity date or, if earlier, in the event a future financing round has not been completed within a specified time from an initial closing of such financing round (“Long Stop Date”), upon the approval of holders of at least 75% of the outstanding notes. The note is also convertible, at the option of the Company, following the earlier of the maturity date or such Long Stop Date. The note is redeemable upon the occurrence of a change of control for an amount which is the greater of (i) the principal amount and all accrued interest and (ii) the amount that would be received had the note been converted to equity shares immediately prior to the occurrence of the change of control. Redemption may also occur on or after maturity or prior to maturity upon approval by holders of at least 50% and 75%, respectively, of the outstanding notes, or in connection with bankruptcy or other liquidation events. The note is accounted for at fair value. Fair value is determined by the Company using the PWERM and is also remeasured for changes in the British pound and U.S. dollar exchange rate. During the three and nine months ended September 30, 2023, the Company recognized a loss of ($426) and a gain of $532, respectively, when remeasuring the notes to fair value. The table below presents the probability ascribed to potential outcomes used in the PWERM (classified as Level 3 in the fair value hierarchy) and the time to exit: September 30, 2023 December 31, 2022 Conversion of note upon a future financing round 95 % 85% Redemption of note upon a change of control 0 % 10% Default 5 % 5% Time to potential outcome (in years) 0.25 0.25 Other Investments During the three and nine months ended September 30, 2023, the Company recognized an impairment of $312 on its other investments.

Fixed Assets, net

Fixed Assets, net	9 Months Ended
	Sep. 30, 2023
Fixed Assets, net [Abstract]
Fixed Assets, net	8. Fixed Assets, net The following table summarizes fixed assets: September 30, 2023 December 31, 2022 Equipment $ 1,058 $ 962 Less: accumulated depreciation (601 ) (418 ) Total $ 457 $ 544

Deferred Consideration - Gold P

Deferred Consideration - Gold Payments	9 Months Ended
	Sep. 30, 2023
Deferred Consideration Gold Payments [Abstract]
Deferred Consideration—Gold Payments	9. Deferred Consideration—Gold Payments Deferred consideration—gold payments represented an obligation the Company assumed in connection with its acquisition of the European exchange-traded commodity, currency and leveraged-and-inverse business of ETFS Capital Limited (“ETFS Capital”) which occurred on April 11, 2018. The obligation was for fixed payments to ETFS Capital of physical gold bullion equating to 9,500 ounces of gold per year through March 31, 2058 and then subsequently reduced to 6,333 ounces of gold per year continuing into perpetuity (“contractual gold payments”). ETFS Capital continued to pass through the payments to other parties to meet its payment obligations under prior royalty agreements, including to Gold Bullion Holdings (Jersey) Limited (“GBH”), a subsidiary of the World Gold Council (“WGC”), Graham Tuckwell (“GT”), and Rodber Investments Limited (“RIL”), an entity controlled by GT, who is also the Chairman of ETFS Capital. On May 10, 2023, the Company terminated its contractual gold payments obligation for aggregate consideration totaling $136,903 pursuant to a Sale, Purchase and Assignment Deed (the “SPA Agreement”) with WisdomTree International Holdings Ltd, Electra Target HoldCo Limited, ETFS Capital, WGC, GBH, GT and RIL. Under the terms of the transaction, GBH received approximately $4,371 in cash and 13,087 shares of Series C Non-Voting Convertible Preferred Stock of the Company, $0.01 par value per share convertible into 13,087,000 shares of the Company’s common stock, and RIL received approximately $45,634 in cash. The Company determined the present value of the deferred consideration—gold payments of $0 and $200,290 at September 30, 2023 and December 31, 2022 using the following assumptions: September 30, 2023 December 31, 2022 Forward-looking gold price (low) — n/a $ 1,858 Forward-looking gold price (high) — n/a $ 3,126 Forward-looking gold price (weighted average) — n/a $ 2,237 Discount rate n/a 11.0% Perpetual growth rate n/a 1.3% During the three and nine months ended September 30, 2023 and 2022, the Company recognized the following in respect of deferred Three Months Ended September 30, Nine Months Ended September 30, 2023 2022 2023 2022 Contractual gold payments $ — $ 4,105 $ 6,069 $ 13,001 Contractual gold payments — — 2,375 3,167 7,125 Gain on revaluation/termination of deferred consideration — $ — $ 77,895 $ 61,953 $ 63,188

Convertible Notes

Convertible Notes	9 Months Ended
	Sep. 30, 2023
Convertible Notes [Abstract]
Convertible Notes	10. Convertible Notes On February 14, 2023, the Company issued and sold $130,000 in aggregate principal amount of 5.75% Convertible Senior Notes due 2028 (the “2023 Notes”) pursuant to an indenture dated February 14, 2023, between the Company and U.S. Bank Trust Company, National Association, as trustee (or its successor in interest, the “Trustee”), in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (“Rule 144A”). On June 14, 2021, the Company issued and sold $150,000 in aggregate principal amount of 3.25% Convertible Senior Notes due 2026 (the “2021 Notes”) pursuant to an indenture dated June 14, 2021, between the Company and the Trustee, in a private offering to qualified institutional buyers pursuant to Rule 144A. On June 16, 2020, the Company issued and sold $150,000 in aggregate principal amount of 4.25% Convertible Senior Notes due 2023 (the “June 2020 Notes”) pursuant to an indenture dated June 16, 2020, between the Company and the Trustee, in a private offering to qualified institutional buyers pursuant to Rule 144A. On August 13, 2020, the Company issued and sold $25,000 in aggregate principal amount of 4.25% Convertible Senior Notes due 2023 at a price equal to 101% of the principal amount thereof, plus interest deemed to have accrued since June 16, 2020, which constitute a further issuance of, and form a single series with, the Company’s June 2020 Notes (the “August 2020 Notes” and together with the June 2020 Notes, the “2020 Notes”). In connection with the issuance of the 2023 Notes, the Company repurchased $115,000 in aggregate principal amount of the 2020 Notes. As a result of this repurchase, the Company recognized a loss on extinguishment of approximately $9,721 during the nine months ended September 30, 2023. The remainder of the 2020 Notes matured on June 15, 2023 and were settled for $59,955 in cash and 1,037,288 shares of common stock, as the conversion option was in the money. After the repurchase and maturity of the 2020 Notes and the issuance of the 2023 Notes (and together with the 2021 Notes, the “Convertible Notes”), the Company had $280,000 in aggregate principal amount of Convertible Notes outstanding. Key terms of the Convertible Notes are as follows: 2023 Notes 2021 Notes Principal outstanding $ 130,000 $ 150,000 Maturity date (unless earlier converted, repurchased or redeemed) August 15, 2028 June 15, 2026 Interest rate 5.75% 3.25% Conversion price $ 9.54 $ 11.04 Conversion rate 104.8658 90.5797 Redemption price $ 12.40 $ 14.35 ● Interest rate: ● Conversion price: ● Conversion: ● Cash settlement of principal amount: ● Redemption price: th ● Limited investor put rights: ● Conversion rate increase in certain customary circumstances: ● Seniority and Security: The indentures contain customary terms and covenants, including that upon certain events of default occurring and continuing, either the Trustee or the respective holders of not less than 25% in aggregate principal amount of the respective series of Convertible Notes outstanding may declare the entire principal amount of all such respective Convertible Notes to be repurchased, plus any accrued special interest, if any, to be immediately due and payable. The following table provides a summary of the Convertible Notes at September 30, 2023 and December 31, 2022: September 30, 2023 December 31, 2022 2023 Notes 2021 Notes Total 2021 Notes 2020 Notes Total Principal amount $ 130,000 $ 150,000 $ 280,000 $ 150,000 $ 175,000 $ 325,000 Plus: Premium — — — — 250 250 Gross proceeds 130,000 150,000 280,000 150,000 175,250 325,250 Less: Unamortized issuance costs (3,147 ) (2,339 ) (5,486 ) (2,981 ) (1,053 ) (4,034 ) Carrying amount 126,853 $ 147,661 $ 274,514 $ 147,019 $ 174,197 $ 321,216 Effective interest rate (1) 6.25% 3.83% 4.96% 3.83% 5.26% 4.60% _____________________________ (1) Interest expense on the Convertible Notes was $3,461 and $11,484 during the three and nine months ended September 30, 2023 and $3,734 and $11,199, respectively, during the comparable periods in 2022. Interest payable of $2,391 and $621 at September 30, 2023 and December 31, 2022, respectively, is included in accounts payable and other liabilities on the Consolidated Balance Sheets. The fair value of the Convertible Notes (classified as Level 2 in the fair value hierarchy) was $282,486 and $320,513 at September 30, 2023 and December 31, 2022, respectively. The if-converted value of the Convertible Notes did not exceed the principal amount at September 30, 2023 and December 31, 2022.

Preferred Stock

Preferred Stock	9 Months Ended
	Sep. 30, 2023
Preferred Stock [Abstract]
Preferred Stock	11. Preferred Stock Series A Non-Voting Convertible Preferred Stock On April 10, 2018, the Company filed a Certificate of Designations of Series A Non-Voting Convertible Preferred Stock (the “Series A Certificate of Designations”) with the Delaware Secretary of State establishing the rights, preferences, privileges, qualifications, restrictions, and limitations relating to the Series A Preferred Stock (defined below). The Series A Preferred Stock is intended to provide ETFS Capital with economic rights equivalent to the Company’s common stock on an as-converted basis. The Series A Preferred Stock has no voting rights, is not transferable and has the same priority with regard to dividends, distributions and payments as the common stock. As described in the Series A Certificate of Designations, the Company will not issue, and ETFS Capital does not have the right to require the Company to issue, any shares of common stock upon conversion of the Series A Preferred Stock, if, as a result of such conversion, ETFS Capital (together with certain attributable parties) would beneficially own more than 9.99% of the Company’s outstanding common stock immediately after giving effect to such conversion. In connection with the completion of the acquisition of the European exchange-traded commodity, currency and leveraged-and-inverse business of ETFS Capital (the “ETFS Acquisition”), the Company issued 14,750 shares of Series A Non-Voting Convertible Preferred Stock (the “Series A Preferred Stock”), which are convertible into an aggregate of 14,750,000 shares of common stock. The fair value of this consideration was $132,750, based on the closing price of the Company’s common stock on April 10, 2018 of $9.00 per share, the trading day prior to the closing of the acquisition. The following is a summary of the Series A Preferred Stock balance: September 30, 2023 December 31, 2022 Issuance of Series A Preferred Stock $ 132,750 $ 132,750 Less: Issuance costs (181 ) (181 ) Series A Preferred Stock—carrying value $ 132,569 $ 132,569 Cash dividends declared per share (quarterly) $ 0.03 $ 0.03 Temporary equity classification is required for redeemable instruments for which redemption triggers are outside of the issuer’s control. ETFS Capital has the right to redeem all the Series A Preferred Stock specified to be converted during the period of time specified in the Series A Certificate of Designations in the event that: (a) the number of shares of the Company’s common stock authorized by its certificate of incorporation is insufficient to permit the Company to convert all of the Series A Preferred Stock requested by ETFS Capital to be converted; or (b) ETFS Capital does not, upon completion of a change of control of the Company, receive the same amount per Series A Preferred Stock as it would have received had each outstanding Series A Preferred Stock been converted into common stock immediately prior to the change of control. However, the Company will not be obligated to make any such redemption payments to the extent such payments would be a breach of any covenant or obligation the Company owes to any of its secured creditors or is otherwise prohibited by applicable law. Any such redemption will be at a price per Series A Preferred Stock equal to the dollar volume-weighted average price for a share of common stock for the 30-trading day period ending on the date of such attempted conversion or change of control, as applicable, multiplied by 1,000. Such redemption payment will be made in one payment no later than 10 business days following the last day of the Company’s first fiscal quarter that begins on a date following the date ETFS Capital exercises such redemption right. The redemption value of the Series A Preferred Stock was $105,090 and $77,969 at September 30, 2023 and December 31, 2022, respectively. The carrying amount of the Series A Preferred Stock was not adjusted as it was not probable that the Series A Preferred Stock would become redeemable. Series C Non-Voting Convertible Preferred Stock On May 10, 2023, the Company filed a Certificate of Designations of Series C Non-Voting Convertible Preferred Stock (the “Series C Certificate of Designations”) with the Delaware Secretary of State establishing the rights, preferences, privileges, qualifications, restrictions, and limitations relating to the Series C Preferred Stock (defined below). The Series C Preferred Stock is intended to provide GBH with economic rights equivalent to the Company’s common stock on an as-converted basis. The Series C Preferred Stock has no voting rights, is not transferable, contains registration rights and has the same priority with regard to dividends, distributions and payments as the common stock. As described in the Series C Certificate of Designations, the Company will not issue, and GBH does not have the right to require the Company to issue, any shares of common stock upon conversion of the Series C Preferred Stock, if, as a result of such conversion, GBH (together with certain attributable parties) would beneficially own more than 4.99% of the Company’s outstanding common stock immediately after giving effect to such conversion. Further, as described in the Series C Certificate of Designations, the Company will not issue any shares of common stock upon conversion of the Series C Preferred Stock if the issuance would exceed the aggregate number of shares of common stock that the Company may issue without breaching its obligations under the rules of the New York Stock Exchange, unless the Company obtains stockholder approval for the issuance of the Company’s common stock upon conversion of the Series C Preferred Stock in excess of such amount. Each share of Series C Preferred Stock is convertible only in connection with the sale of all or any portion of the Company’s common stock on an arms-length basis to a bona fide third-party purchaser, pursuant to (i) an effective registration statement under the Securities Act of 1933, as amended (“Securities Act”) or (ii) an exemption from registration under the Securities Act, provided any such sale is conditioned on the terms set forth in the Investor Rights Agreement, dated May 10, 2023, between the Company and GBH. Pursuant to the Investor Rights Agreement, GBH is subject to restrictions on the manner in which the Conversion Shares (defined below) can be sold and has agreed not to distribute or sell any Conversion Shares to any person that would knowingly result in that person, together with such person’s affiliates and associates, owning, controlling or otherwise having any beneficial ownership interest representing in the aggregate 5% or more of the then outstanding shares of the Company’s common stock. GBH has also agreed not to distribute or sell any Conversion Shares to ETFS Capital, GT or any of their affiliates, associates or any Group (as that term is used in Section 13(d) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and as defined in Rule 13d-5 thereunder) formed by the foregoing persons. In accordance with the SPA Agreement, the Company issued 13,087 shares of Series C Non-Voting Convertible Preferred Stock (the “Series C Preferred Stock”), which are convertible into an aggregate of 13,087,000 shares of common stock (“Conversion Shares”). The fair value of this consideration was $86,898, based on the closing price of the Company’s common stock on May 9, 2023 of $6.64 per share, the trading day prior to the closing of the acquisition. GBH has no redemption rights associated with the Series C Preferred Stock and therefore the instrument has been classified as a component of stockholders’ equity, with the excess over par value of $86,801 (net of issuance costs of $97) recorded to additional paid in capital.

Leases

Leases	9 Months Ended
	Sep. 30, 2023
Lessee [Abstract]
Leases	12. Leases The Company has entered into operating leases for its office facilities (including its corporate headquarters) and equipment. The Company has no finance leases. The following table provides additional information regarding the Company’s leases: Three Months Ended September 30, Nine Months Ended September 30, 2023 2022 2023 2022 Lease cost Operating lease cost $ 324 $ 316 $ 963 $ 648 Short-term lease cost 70 296 191 856 Total lease cost $ 394 $ 612 $ 1,154 $ 1,504 Other information Cash paid for amounts included in the measurement of operating liabilities (operating leases) $ 301 $ 296 $ 955 $ 644 Right-of-use assets obtained in exchange for new operating lease liabilities n/a n/a n/a n/a Weighted-average remaining lease term (in years) — 0.7 1.5 0.7 1.5 Weighted-average discount rate — 6.0% 6.3% 6.0% 6.3% None of the Company’s leases include variable payments, residual value guarantees or any restrictions or covenants relating to the Company’s ability to pay dividends or incur additional financing obligations. The following table discloses future minimum lease payments at September 30, 2023 with respect to the Company’s operating lease liabilities: Remainder of 2023 $ 328 2024 577 2025 and thereafter — Total future minimum lease payments (undiscounted) $ 905 The following table reconciles the future minimum lease payments (disclosed above) at September 30, 2023 to the operating lease liabilities recognized in the Company’s Consolidated Balance Sheets: Amounts recognized in the Company’s Consolidated Balance Sheets Lease liability — $ 889 Difference between undiscounted and discounted cash flows 16 Total future minimum lease payments (undiscounted) $ 905

Contingencies

Contingencies	9 Months Ended
	Sep. 30, 2023
Contingencies [Abstract]
Contingencies	13. Contingencies The Company may be subject to reviews, inspections and investigations by regulatory authorities as well as legal proceedings arising in the ordinary course of business. Closure of the WisdomTree WTI Crude Oil 3x Daily Leveraged ETP In December 2020, WMAI, WTMAML, WTUK and WisdomTree Ireland Limited (“WT Ireland”) were served with a writ of summons to appear before the Court of Milan, Italy. In January 2021, WTUK was served with a writ of summons to appear before the Court of Udine, Italy. Investors had filed actions seeking damages resulting from the closure of the WisdomTree WTI Crude Oil 3x Daily Leveraged ETP (“3OIL”) in March 2020. The product was dependent on the receipt of payments from a swap provider to satisfy payment obligations to the investors. Due to an extreme adverse move in oil futures relative to the oil futures’ closing price, the swap contract underlying 3OIL was terminated by the swap provider, which resulted in the compulsory redemption of 3OIL, all in accordance with the prospectus. In February 2022, the Court of Udine ruled in the Company’s favor. Also in February 2022, WMAI, WTMAML, WTUK and WT Ireland were served with another writ of summons to appear before the Court of Milan by additional investors seeking damages resulting from the closure of 3OIL. In March 2022, WMAI and WTUK were served with a writ of summons to appear before the Court of Turin and two writs of summons to appear before the Court of Milan by additional investors seeking damages. These writs also were served on the intermediary brokers for the respective claimants, with the claimants alleging joint and several liability of WMAI, WTUK and such intermediary brokers. In July 2023, the Court of Milan ruled in favor of WMAI and WTUK in respect of one of these claims. Total damages sought by all investors related to these claims are approximately €15,200 ($16,723) at September 30, 2023. Additionally, in July 2023, WT Ireland received a letter from counsel on behalf of additional investors seeking damages of up to approximately €8,400 ($8,891) resulting from the closure of 3OIL. The claim is in its preliminary stages and a writ of summons has not been served. The Company is currently assessing these claims with its external counsel. The Company expects that losses, if any, arising from these claims will be covered under its insurance policies, less a $500 deductible. An accrual has not been made with respect to these matters at September 30, 2023 and December 31, 2022.

Variable Interest Entities

Variable Interest Entities	9 Months Ended
	Sep. 30, 2023
Variable Interest Entities [Abstract]
Variable Interest Entities	14. Variable Interest Entities VIEs are entities with any of the following characteristics: (i) the entity does not have enough equity to finance its activities without additional financial support; (ii) the equity holders, as a group, lack the characteristics of a controlling financial interest; or (iii) the entity is structured with non-substantive voting rights. Consolidation of a VIE is required for the party deemed to be the primary beneficiary, if any. The primary beneficiary is the party who has both (a) the power to direct the activities of a VIE that most significantly impact the entity’s economic performance and (b) an obligation to absorb losses of the entity or a right to receive benefits from the entity that could potentially be significant to the entity. The Company is not the primary beneficiary of any entities in which it has a variable interest as it does not have the power to direct the activities that most significantly impact the entities’ economic performance. Such power is conveyed through the entities’ boards of directors and the Company does not have control over the boards. The following table presents information about the Company’s variable interests in non-consolidated VIEs: September 30, 2023 December 31, 2022 Carrying Amount—Assets (Securrency): Preferred stock—Securrency Series A Shares $ — $ 8,488 Preferred stock—Securrency Series B Shares 305 5,500 Secured convertible note 12,925 — Convertible note 16,190 14,500 Subtotal — $ 29,420 $ 28,488 Carrying Amount — Convertible note 7,453 6,921 Carrying Amount — — 312 Total (Note 7) $ 36,873 $ 35,721 Maximum exposure to loss $ 36,873 $ 35,721

Revenues from Contracts with Cu

Revenues from Contracts with Customers	9 Months Ended
	Sep. 30, 2023
Revenues from Contracts with Customers [Abstract]
Revenues from Contracts with Customers	15. Revenues from Contracts with Customers The following table presents the Company’s total revenues from contracts with customers: Three Months Ended September 30, Nine Months Ended September 30, 2023 2022 2023 2022 Revenues from contracts with customers: Advisory fees $ 86,598 $ 70,616 $ 246,239 $ 222,719 Other 3,825 1,798 11,952 5,316 Total operating revenues $ 90,423 $ 72,414 $ 258,191 $ 228,035 The Company recognizes revenues from contracts with customers when the performance obligation is satisfied, which is when the promised services are transferred to the customer. A service is considered to be transferred when the customer obtains control, which is represented by the transfer of rights with regard to the service. Transfer of control happens either over time or at a point in time. When a performance obligation is satisfied over time, an entity is required to select a single method of measuring progress for each performance obligation that depicts the entity’s performance in transferring control of services to the customer. Substantially all the Company’s revenues from contracts with customers are derived primarily from investment advisory agreements with related parties (Note 16). These advisory fees are recognized over time, are earned from the Company’s ETPs and are calculated based on a percentage of the ETPs’ average daily net assets. There is no significant judgment in calculating amounts due which are invoiced monthly in arrears and are not subject to any potential reversal. Progress is measured using the practical expedient under the output method resulting in the recognition of revenue in the amount for which the Company has a right to invoice. There are no contract assets or liabilities that arise in connection with the recognition of advisory fee revenues. In addition, there are no costs incurred to obtain or fulfill the contracts with customers, all of which are investment advisory agreements with related parties. Other income includes revenues the Company earns from swap providers associated with certain of the Company’s European listed ETPs, the nature of which are either based on a percentage of the ETPs’ average daily net assets or flows associated with certain products. There is no significant judgment in calculating amounts due, which are invoiced monthly or quarterly in arrears and are not subject to any potential reversal. Progress is measured using the practical expedient under the output method resulting in the recognition of revenue in the amount for which the Company has a right to invoice. Geographic Distribution of Revenues The following table presents the Company’s total revenues geographically as determined by where the respective management companies reside: Three Months Ended September 30, Nine Months Ended September 30, 2023 2022 2023 2022 Revenues from contracts with customers: United States $ 57,988 $ 45,263 $ 160,477 $ 137,299 Jersey 28,196 23,702 86,407 80,111 Ireland 4,239 3,449 11,307 10,625 Total operating revenues $ 90,423 $ 72,414 $ 258,191 $ 228,035

Related Party Transactions

Related Party Transactions	9 Months Ended
	Sep. 30, 2023
Related Party Transactions [Abstract]
Related Party Transactions	16. Related Party Transactions Investment Advisory Agreements The Company’s revenues are derived primarily from investment advisory agreements with related parties. Under these agreements, the Company has licensed to related parties the use of certain of its own indexes for the U.S. WisdomTree ETFs, WisdomTree Digital Funds and WisdomTree UCITS ETFs. The Boards of Trustees and Boards of Directors (including certain officers of the Company) of the related parties are primarily responsible for overseeing the management and affairs of the entities for the benefit of their stakeholders and have contracted with the Company to provide for general management and administration services. The Company is also responsible for certain expenses of the related parties, including the cost of transfer agency, custody, fund administration and accounting, legal, audit, and other non-distribution services, excluding extraordinary expenses, taxes and certain other expenses, which are included in fund management and administration in the Consolidated Statements of Operations. In exchange, the Company receives fees based on a percentage of the ETPs’ and the Digital Funds’ average daily net assets. A majority of the independent members of the respective Board of Trustees are required to initially and annually (after the first two years) approve the advisory agreements of the U.S. WisdomTree ETFs and the Digital Funds and these agreements may be terminated by such Board of Trustees upon notice. The following table summarizes accounts receivable from related parties which are included as a component of accounts receivable in the Consolidated Balance Sheets: September 30, 2023 December 31, 2022 Receivable from WTT $ 19,123 $ 16,399 Receivable from ManJer Issuers 9,024 4,485 Receivable from WMAI and WTICAV 4,168 3,255 Total $ 32,315 $ 24,139 The allowance for credit losses on accounts receivable from related parties is insignificant when applying historical loss rates, adjusted for current conditions and supportable forecasts, to the amounts outstanding in the table above. Amounts outstanding are all invoiced in arrears, are less than 30 days aged and are collected shortly after the applicable reporting period. The following table summarizes revenues from advisory services provided to related parties: Three Months Ended September 30, Nine Months Ended September 30, 2023 2022 2023 2022 Advisory services provided to WTT $ 57,656 $ 45,112 $ 159,595 $ 136,852 Advisory services provided to ManJer Issuers 24,703 22,055 75,337 75,242 Advisory services provided to WMAI and WTICAV 4,239 3,449 11,307 10,625 Total $ 86,598 $ 70,616 $ 246,239 $ 222,719 Investments in WisdomTree Products The Company also has investments in certain WisdomTree products of approximately $54,259 and $25,283 at September 30, 2023 and December 31, 2022, respectively. This includes $12,149 and $1,765, respectively, of investments in certain consolidated affiliated Digital Funds advised by WT Digital Management, referred to herein as “other assets–seed capital.” Net unrealized and realized (losses)/gains related to trading WisdomTree products were ($591) and $250, respectively, during the three and nine months ended September 30, 2023 and ($489) and ($1,608), respectively, during the comparable periods in 2022. Such gains and losses are recorded in other gains and losses, net on the Consolidated Statements of Operations. Deferred Consideration—Gold Payments – Termination On May 10, 2023, the Company terminated its contractual gold payments obligation to ETFS Capital, which included the payment of $45,634 to an entity controlled by GT, a stockholder of the Company. See Note 9 for additional information.

Stock-Based Awards

Stock-Based Awards	9 Months Ended
	Sep. 30, 2023
Stock-Based Awards [Abstract]
Stock-Based Awards	17. Stock-Based Awards On July 15, 2022, the Company’s stockholders approved the 2022 Equity Plan under which the Company may issue up to 16,000,000 shares of common stock (less one share for every share granted under the 2016 Equity Plan after March 31, 2022 and inclusive of shares available under the 2016 Equity Plan as of March 31, 2022) in the form of stock options and other stock-based awards. The Company grants equity awards to employees and directors, which include restricted stock awards (“RSAs”), restricted stock units (“RSUs”), performance-based restricted stock units (“PRSUs”) and stock options. Certain awards described below are subject to acceleration under certain conditions. Stock options: Generally issued for terms of ten years and may vest after at least one year of service and have an exercise price equal to the Company’s stock price on the grant date. The Company estimates the fair value of stock options (when granted) using the Black-Scholes option pricing model. RSAs/RSUs: Awards are valued based on the Company’s stock price on grant date and generally vest ratably, on an annual basis, over three years. PRSUs: These awards cliff vest three years from the grant date and contain a market condition whereby the number of PRSUs ultimately vesting is tied to how the Company’s total shareholder return (“TSR”) compares to a peer group of other publicly traded asset managers over the three-year period. A Monte Carlo simulation is used to value these awards. The number of PRSUs vesting ranges from 0% to 200% of the target number of PRSUs granted, as follows: ● th ● th ● th th th ● Stock-based compensation expense was $3,916 and $12,422, respectively during the three and nine months ended September 30, 2023 and $2,454 and $7,822, respectively, during the comparable periods in 2022. A summary of unrecognized stock-based compensation expense and average remaining vesting period is as follows: September 30, 2023 Unrecognized Stock-Based Weighted-Average Remaining Employees and directors $ 23,197 1.17 A summary of stock-based compensation award activity (shares) during the three months ended September 30, 2023 is as follows: RSA RSU PRSU Balance at July 1, 2023 5,099,128 227,634 1,136,315 Granted 11,828 — — Vested (55,320 ) — — Forfeited (14,622 ) — — Stock dividends — 2,113 32,197 Balance at September 30, 2023 5,041,014 229,747 (1) 1,168,512 _____________________________ ( 1

Stockholder Rights Plan

Stockholder Rights Plan	9 Months Ended
	Sep. 30, 2023
Stockholder Rights Plan [Abstract]
Stockholder Rights Plan	18. Stockholder Rights Plan On March 17, 2023, the Board of Directors of the Company adopted a stockholder rights plan, as set forth in the Stockholder Rights Agreement, dated March 17, 2023, between the Company and Continental Stock Transfer & Trust Company, as Rights Agent, as amended by Amendment No. 1 thereto, dated May 4, 2023 (“Amendment No. 1”), and by Amendment No. 2 thereto, dated May 10, 2023 (“Amendment No. 2”) (as amended, the “Stockholder Rights Agreement”). At the Company’s 2023 Annual Meeting of Stockholders held on June 16, 2023, the Company’s stockholders ratified the adoption by the Board of Directors of the Stockholder Rights Agreement. Pursuant to the terms of the Stockholder Rights Agreement, the Board of Directors declared a dividend distribution of (i) one Right (as defined below) for each outstanding share of common stock, par value $0.01 per share, of the Company’s common stock and (ii) 1,000 Rights for each outstanding share of Series A Preferred Stock, to stockholders of record as of the close of business on March 28, 2023 (the “Record Date”). In addition, one Right will automatically attach to each share of common stock and 1,000 Rights will automatically attach to each share of Series A Preferred Stock, in each case, issued between the Record Date and the earlier of the Distribution Date (as defined below) and the expiration date of the Rights. Each “Right” entitles the registered holder thereof to purchase from the Company a unit consisting of one ten-thousandth of a share (a “Unit”) of Series B Junior Participating Cumulative Preferred Stock, par value $0.01 per share, of the Company (the “Series B Preferred Stock”) at a cash exercise price of $32.00 per Unit (the “Exercise Price”), subject to adjustment, under certain conditions specified in the Stockholder Rights Agreement and summarized below. Initially, the Rights are not exercisable and are attached to and trade with all shares of common stock and Series A Preferred Stock outstanding as of, and issued subsequent to, the Record Date. The Rights will separate from the common stock and Series A Preferred Stock and will become exercisable upon the earlier of (i) the close of business on the tenth calendar day following the first public announcement that a person or group of affiliated or associated persons (an “Acquiring Person”) has acquired beneficial ownership of 10% (or 20% in the case of a person or group which, together with all affiliates and associates of such person or group, is the beneficial owner of shares of common stock of the Company representing less than 20% of the shares of common stock of the Company then outstanding, and which is entitled to file, and files, a statement on Schedule 13G pursuant to Rule 13d-1(b) or Rule 13d-1(c) of the General Rules and Regulations under the Exchange Act as in effect at the time of the first public announcement of the declaration of the Rights dividend with respect to the shares of common stock beneficially owned by such person or group) or more of the outstanding shares of common stock, other than as a result of repurchases of stock by the Company or certain inadvertent actions by a stockholder (the date of such announcement being referred to as the “Stock Acquisition Date”), or (ii) the close of business on the tenth business day (or such later day as the Board of Directors may determine) following the commencement of a tender offer or exchange offer that could result upon its consummation in a person or group becoming an Acquiring Person (the earlier of such dates being herein referred to as the “Distribution Date”). A person or group who beneficially owned 10% or more (or 20% or more in the case of passive stockholders) of the Company’s outstanding common stock prior to the first public announcement by the Company of the adoption of the Stockholder Rights Agreement will not trigger the Stockholder Rights Agreement so long as they do not acquire beneficial ownership of any additional shares of common stock at a time when they still beneficially own 10% or more (or 20% or more in the case of passive stockholders) of such common stock, subject to certain exceptions as set forth in the Stockholder Rights Agreement. For purposes of the Stockholder Rights Agreement, beneficial ownership is defined to include ownership of securities that are subject to a derivative transaction and acquired derivative securities. Swaps dealers unassociated with any control intent or intent to evade the purposes of the Stockholder Rights Agreement are excepted from such imputed beneficial ownership. Pursuant to Amendment No. 1, beneficial ownership did not include the right to vote pursuant to any agreement, arrangement or understanding with respect to voting on the proposal to approve and ratify the Stockholder Rights Agreement presented to the Company’s stockholders at the Company’s 2023 annual meeting of stockholders. Pursuant to Amendment No. 2, the parties to the SPA Agreement are not deemed to be “Acquiring Persons” solely by virtue of, or as a result of, the parties’ entry into the SPA Agreement, the issuance of the Series C Preferred Stock to GBH, and the performance or consummation of any of the other transactions contemplated by the SPA Agreement, among other conditions, under the terms and conditions set forth in Amendment No. 2. In the event that a Stock Acquisition Date occurs, proper provision will be made so that each holder of a Right (other than an Acquiring Person or its associates or affiliates, whose Rights shall become null and void) will thereafter have the right to receive upon exercise, in lieu of a number of shares of Series B Preferred Stock, that number of shares of common stock of the Company (or, in certain circumstances, including if there are insufficient shares of common stock to permit the exercise in full of the Rights, Units of Series B Preferred Stock, other securities, cash or property, or any combination of the foregoing) having a market value of two times the Exercise Price of the Right (such right being referred to as the “Subscription Right”). In the event that, at any time following the Stock Acquisition Date, (i) the Company consolidates with, or merges with and into, any other person, and the Company is not the continuing or surviving corporation, (ii) any person consolidates with the Company, or merges with and into the Company and the Company is the continuing or surviving corporation of such merger and, in connection with such merger, all or part of the shares of common stock are changed into or exchanged for stock or other securities of any other person or cash or any other property, or (iii) 50% or more of the Company’s assets or earning power is sold, mortgaged or otherwise transferred, each holder of a Right (other than an Acquiring Person or its associates or affiliates, whose Rights shall become null and void) will thereafter have the right to receive, upon exercise, common stock of the acquiring company having a market value equal to two times the Exercise Price of the Right (such right being referred to as the “Merger Right”). The holder of a Right will continue to have the Merger Right whether or not such holder has exercised the Subscription Right. Rights that are or were beneficially owned by an Acquiring Person may (under certain circumstances specified in the Stockholder Rights Agreement) become null and void. The Rights may be redeemed in whole, but not in part, at a price of $0.01 per Right (payable in cash, common stock or other consideration deemed appropriate by the Board of Directors) by the Board of Directors only until the earlier of (i) the time at which any person becomes an Acquiring Person or (ii) the expiration date of the Stockholder Rights Agreement. Immediately upon the action of the Board of Directors ordering redemption of the Rights, the Rights will terminate and thereafter the only right of the holders of Rights will be to receive the redemption price. The Stockholder Rights Agreement may be amended by the Board of Directors in its sole discretion at any time prior to the time at which any person becomes an Acquiring Person. After such time the Board of Directors may, subject to certain limitations set forth in the Stockholder Rights Agreement, amend the Stockholder Rights Agreement only to cure any ambiguity, defect or inconsistency, to shorten or lengthen any time period, or to make changes that do not adversely affect the interests of Rights holders (excluding the interests of an Acquiring Person or its associates or affiliates). Until a Right is exercised, the holder will have no rights as a stockholder of the Company (beyond those as an existing stockholder), including the right to vote or to receive dividends. While the distribution of the Rights will not be taxable to stockholders or to the Company, stockholders may, depending upon the circumstances, recognize taxable income in the event that the Rights become exercisable for shares of common stock, other securities of the Company, other consideration or for common stock of an acquiring company. The Rights are not exercisable until the Distribution Date and will expire at the close of business on March 16, 2024, unless previously redeemed or exchanged by the Company. The Stockholder Rights Agreement provides the holders of the common stock with the ability to exempt an offer to acquire, or engage in another business combination transaction involving, the Company that is deemed a “Qualifying Offer” (as defined in the Stockholder Rights Agreement) from the terms of the Stockholder Rights Agreement. A Qualifying Offer is, in summary, an offer determined by a majority of the independent members of the Board to have specific characteristics that are generally intended to preclude offers that are coercive, abusive or highly contingent. Among those characteristics are that it be: (i) a fully financed all-cash tender offer or an exchange offer offering shares of common stock of the offeror, or a combination thereof, for any and all of the common stock; and (ii) an offer that is otherwise in the best interests of the Company’s stockholders. The Stockholder Rights Agreement provides additional characteristics necessary for an acquisition offer to be deemed a “Qualifying Offer,” including if the consideration offered in a proposed transaction is stock of the acquiror. Pursuant to the Stockholder Rights Agreement, if the Company receives a Qualifying Offer and the Board of Directors has not redeemed the outstanding Rights or exempted such Qualifying Offer from the terms of the Stockholder Rights Agreement or called a special meeting of stockholders (the “Special Meeting”) for the purpose of voting on whether to exempt such Qualifying Offer from the terms of the Stockholder Rights Agreement, in each case by the end of the 90 business day period following the commencement of such Qualifying Offer, provided such offer remains a Qualifying Offer during such period, the holders of 10% of the common stock may request that the Board call a Special Meeting to vote on a resolution authorizing the exemption of the Qualifying Offer from the terms of the Stockholder Rights Agreement. If such a Special Meeting is not held by the 90 th th

Earnings Per Share

Earnings Per Share	9 Months Ended
	Sep. 30, 2023
Earnings Per Share [Abstract]
Earnings Per Share	19. Earnings Per Share The following tables set forth reconciliations of the basic and diluted earnings per share computations for the periods presented: Three Months Ended Nine Months Ended Basic Earnings per Share 2023 2022 2023 2022 Net income $ 12,984 $ 81,229 $ 83,469 $ 78,973 Less: Income distributed to participating securities (889 ) (546 ) (1,884 ) (1,644 ) Less: Undistributed income allocable to participating securities (1,309 ) (8,583 ) (9,619 ) (7,268 ) Net income available to common stockholders — $ 10,786 $ 72,100 $ 71,966 $ 70,061 Weighted average common shares (in thousands) 145,284 143,120 144,505 142,984 Basic earnings per share $ 0.07 $ 0.50 $ 0.50 $ 0.49 Three Months Ended Nine Months Ended Diluted Earnings per Share 2023 2022 2023 2022 Net income available to common stockholders $ 10,786 $ 72,100 $ 71,966 $ 70,061 Add back: Undistributed income allocable to participating securities 1,309 8,583 9,619 7,268 Less: Reallocation of undistributed income allocable to participating securities considered potentially dilutive (1,286 ) (8,568 ) (9,446 ) (7,257 ) Net income available to common stockholders — $ 10,809 $ 72,115 $ 72,139 $ 70,072 Weighted Average Diluted Shares (in thousands): Weighted average common shares 145,284 143,120 144,505 142,984 Dilutive effect of common stock equivalents, excluding participating securities 3,148 287 3,067 261 Weighted average diluted shares, excluding participating securities 148,432 143,407 147,572 143,245 Diluted earnings per share $ 0.07 $ 0.50 $ 0.49 $ 0.49 Diluted earnings per share presented above is calculated using the two-class method as this method results in the lowest diluted earnings per share amount for common stock. There were no antidilutive non-participating common stock equivalents for the three months ended September 30, 2023. Total antidilutive non-participating common stock equivalents were 2 for the nine months ended September 30, 2023 and 483 and 410, respectively, during the comparable periods in 2022 (shares herein are reported in thousands). There were 627 potential common shares associated with the conversion options embedded in the 2020 Notes included in weighted average diluted shares for the nine months ended September 30, 2023. Potential common shares associated with the conversion option embedded in the 2021 Notes and 2023 Notes were excluded from the computation for the three and nine months ended September 30, 2023 and 2022, as the Company’s average stock price during those respective periods was lower than the conversion price. The following table reconciles weighted average diluted shares as reported on the Company’s Consolidated Statements of Operations for the three and nine months ended September 30, 2023 and 2022, which are determined pursuant to the treasury stock method, to the weighted average diluted shares used to calculate diluted earnings/(loss) per share as disclosed in the table above: Three Months Ended September 30, Nine Months Ended September 30, Reconciliation of Weighted Average Diluted Shares (in thousands) 2023 2022 2023 2022 Weighted average diluted shares as disclosed on the Consolidated Statements of Operations 177,140 158,953 169,997 158,741 Less: Participating securities: Weighted average shares of common stock issuable upon conversion of the Series A Preferred Stock (Note 11) (14,750 ) (14,750 ) (14,750 ) (14,750 ) Weighted average shares of common stock issuable upon conversion of the Series C Preferred Stock (Note 11) (13,087 ) — (6,903 ) — Potentially dilutive restricted stock awards (871 ) (796 ) (772 ) (746 ) Weighted average diluted shares used to calculate diluted earnings per share as disclosed in the table above 148,432 143,407 147,572 143,245

Income Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2023
Income Tax Disclosure [Abstract]
Income Taxes	20. Income Taxes Effective Income Tax Rate – Three and Nine Months Ended September 30, 2023 The Company’s effective income tax rate during the three months ended September 30, 2023 was 31.0%, resulting in income tax expense of $5,836. The effective income tax rate differs from the federal statutory tax rate of 21% primarily due to an increase in the deferred tax asset valuation allowance on losses recognized on the Company’s investments and non-deductible executive compensation. The Company’s effective income tax rate during the nine months ended September 30, 2023 was 11.4%, resulting in income tax expense of $10,774. The effective income tax rate differs from the federal statutory tax rate of 21% primarily due to a non-taxable gain on revaluation/termination of deferred consideration—gold payments, a $1,353 reduction in unrecognized tax benefits (including interest and penalties) and a lower tax rate on foreign earnings. These items were partly offset by a non-deductible loss on extinguishment of our convertible notes, an increase in the deferred tax asset valuation allowance on losses recognized on our investments and non-deductible executive compensation. Effective Income Tax Rate – Three and Nine Months Ended September 30, 2022 The Company’s effective income tax rate during the three months ended September 30, 2022 of 3.9% resulted in income tax expense of $3,327. The effective income tax rate differs from the federal statutory tax rate of 21% primarily due to a non-taxable gain on revaluation of deferred consideration. This was partly offset by an increase in the deferred tax asset valuation allowance on losses recognized on financial instruments owned. The Company’s effective income tax rate during the nine months ended September 30, 2022 of negative 15.7% resulted in an income tax benefit of $10,713. The effective income tax rate differs from the federal statutory tax rate of 21% primarily due to a $19,897 reduction in unrecognized tax benefits (including interest and penalties), a non-taxable gain on revaluation of deferred consideration and a lower tax rate on foreign earnings. These items were partly offset by an increase in the deferred tax asset valuation allowance on losses recognized on financial instruments owned. Deferred Tax Assets A summary of the components of the Company’s deferred tax assets at September 30, 2023 and December 31, 2022 is as follows: September 30, 2023 December 31, 2022 Deferred tax assets: Capital losses $ 19,083 $ 17,541 Accrued expenses 4,447 6,030 Unrealized losses 4,303 3,821 Stock-based compensation 1,849 1,526 NOLs—Foreign 1,482 1,609 Goodwill and intangible assets 943 1,085 Interest carryforwards 455 — Foreign currency translation adjustment 435 173 Operating lease liabilities 151 313 NOLs—U.S. 127 255 Outside basis differences 122 122 Other 382 341 Total deferred tax assets 33,779 32,816 Deferred tax liabilities: Fixed assets and prepaid assets 409 278 Unremitted earnings—European subsidiaries 203 205 Right of use assets—operating leases 151 313 Total deferred tax liabilities: 763 796 Total deferred tax assets less deferred tax liabilities 33,016 32,020 Less: Valuation allowance (23,508 ) (21,484 ) Deferred tax assets, net $ 9,508 $ 10,536 Capital Losses – U.S. The Company’s tax effected capital losses at September 30, 2023 were $19,083. These capital losses expire between the years 2023 and 2028. Net Operating Losses – Europe One of the Company’s European subsidiaries generated NOLs outside the U.S. These tax effected NOLs, all of which are carried forward indefinitely, were $1,482 at September 30, 2023. Valuation Allowance The Company’s valuation allowance has been established on its net capital losses, unrealized losses and outside basis differences, as it is more-likely-than-not that these deferred tax assets will not be realized. Income Tax Examinations The Company is subject to U.S. federal income tax as well as income tax of multiple state, local and certain foreign jurisdictions. As of September 30, 2023, with few exceptions, the Company was no longer subject to income tax examinations by any taxing authority for the years before 2018. Undistributed Earnings of Foreign Subsidiaries ASC 740-30 Income Taxes provides guidance that U.S. companies do not need to recognize tax effects on foreign earnings that are indefinitely reinvested. The Company repatriates earnings of its foreign subsidiaries and therefore has recognized a deferred tax liability of $203 and $205 at September 30, 2023 and December 31, 2022, respectively.

Shares Repurchased

Shares Repurchased	9 Months Ended
	Sep. 30, 2023
Shares Repurchased [Abstract]
Shares Repurchased	21. Shares Repurchased On February 22, 2022, the Company’s Board of Directors approved an increase of $85,709 to the Company’s share repurchase program to $100,000 and extended the term for three The Company repurchased 4,566 and 635,653 shares of its common stock under this program during the three and nine months ended September 30, 2023, and 4,567 and 593,261 during the comparable periods in 2022. The aggregate cost of the shares repurchased during the three and nine months ended September 30, 2023 was $30 and $3,570, respectively, and the aggregate cost of the shares repurchased during the comparable periods in 2022 was $24 and $3,418, respectively. Shares repurchased under this program were returned to the status of authorized and unissued on the Company’s books and records. As of September 30, 2023, $96,406 remained under this program for future purchases.

Goodwill and Intangible Assets

Goodwill and Intangible Assets	9 Months Ended
	Sep. 30, 2023
Goodwill and Intangible Assets [Abstract]
Goodwill and Intangible Assets	22. Goodwill and Intangible Assets Goodwill The table below sets forth goodwill which is tested annually for impairment on November 30 th Total Balance at January 1, 2023 $ 85,856 Changes 985 (1) Balance at September 30, 2023 $ 86,841 _____________________________ (1) Business Combinations Of the total goodwill of $86,841 at September 30, 2023, $85,042 is not deductible for tax purposes as the acquisitions that gave rise to the goodwill were structured as stock acquisitions. The remainder of the goodwill is deductible for U.S. tax purposes. Intangible Assets The table below sets forth the Company’s intangible assets which are tested annually for impairment on November 30 th Balance at September 30, 2023 Item Gross Asset Accumulated Net Asset ETFS acquisition $ 601,247 $ — $ 601,247 Software development 3,939 (405 ) 3,534 Balance at September 30, 2023 $ 605,186 $ (405 ) $ 604,781 Balance at December 31, 2022 Item Gross Asset Accumulated Net Asset ETFS acquisition $ 601,247 $ — $ 601,247 Software development 2,370 (50 ) 2,320 Balance at December 31, 2022 $ 603,617 $ (50 ) $ 603,567 ETFS Acquisition (Indefinite-Lived) In connection with the ETFS Acquisition, which was completed on April 11, 2018, the Company identified intangible assets valued at $601,247 related to the right to manage AUM through customary advisory agreements. These intangible assets were determined to have indefinite useful lives and are not deductible for tax purposes. Software Development (Finite-Lived) Internally-developed software is amortized over a useful life of three years. During the three and nine months ended September 30, 2023, the Company recognized amortization expense on internally-developed software of $249 and $355, respectively. As of September 30, 2023, expected amortization expense for the unamortized finite-lived intangible assets for the next five years and thereafter is as follows: Remainder of 2023 $ 300 2024 1,265 2025 1,262 2026 656 2027 51 2028 and thereafter — Total expected amortization expense $ 3,534 The weighted-average remaining useful life of the finite-lived intangible assets is 2.7 years.

Contingent Payments

Contingent Payments	9 Months Ended
	Sep. 30, 2023
Contingent Payments [Abstract]
Contingent Payments	23. Contingent Payments Sale of Canadian ETF Business On February 19, 2020, the Company completed the sale of all the outstanding shares of WisdomTree Asset Management Canada, Inc. to CI Financial Corp. The Company received CDN $3,720 (USD $2,774) in cash at closing and was paid CDN $3,000 (USD $2,360) and CDN $2,000 (USD $1,477) of additional cash consideration based upon the achievement of certain AUM growth targets as determined on the 18-month and the 36-month anniversaries of the closing date, respectively. A gain of $0 and $1,477 was recognized during the three and nine months ended September 30, 2023, respectively, from remeasuring the contingent payment to its realizable value. This gain was recorded in other losses, net.

Subsequent Events

Subsequent Events	9 Months Ended
	Sep. 30, 2023
Subsequent Events [Abstract]
Subsequent Events	24. Subsequent Events The Company evaluated subsequent events through the date of issuance of the accompanying consolidated financial statements. There were no events requiring disclosure.

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Pay vs Performance Disclosure
Net Income (Loss)	$ 12,984	$ 81,229	$ 83,469	$ 78,973

Insider Trading Arrangements

Insider Trading Arrangements	9 Months Ended
	Sep. 30, 2023
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

Accounting Policies, by Policy

Accounting Policies, by Policy (Policies)	9 Months Ended
	Sep. 30, 2023
Significant Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation These consolidated financial statements have been prepared in conformity with U.S. generally accepted accounting principles (“GAAP”) and in the opinion of management reflect all adjustments, consisting of only normal recurring adjustments, necessary for a fair statement of financial condition, results of operations, and cash flows for the periods presented. The consolidated financial statements include the accounts of the Company’s wholly-owned subsidiaries. All intercompany accounts and transactions have been eliminated in consolidation.
Consolidation	Consolidation The Company consolidates entities in which it has a controlling financial interest. The Company determines whether it has a controlling financial interest in an entity by first evaluating whether the entity is a voting interest entity (“VOE”) or a variable interest entity (“VIE”). The usual condition for a controlling financial interest in a VOE is ownership of a majority voting interest. If the Company has a majority voting interest in a VOE, the entity is consolidated. The Company has a controlling financial interest in a VIE when the Company has a variable interest that provides it with (i) the power to direct the activities of the VIE that most significantly impact the VIE’s economic performance and (ii) the obligation to absorb losses of the VIE or the right to receive benefits from the VIE that could potentially be significant to the VIE. The Company reassesses its evaluation of whether an entity is a VOE or VIE when certain reconsideration events occur.
Segment and Geographic Information	Segment and Geographic Information The Company, through its subsidiaries in the U.S. and Europe, conducts business as a single operating segment as an ETP sponsor and asset manager which is based upon the Company’s current organizational and management structure, as well as information used by the chief operating decision maker to allocate resources and other factors.
Foreign Currency Translation	Foreign Currency Translation Assets and liabilities of subsidiaries whose functional currency is not the U.S. dollar are translated based on the end of period exchange rates from local currency to U.S. dollars. Results of operations are translated at the average exchange rates in effect during the period. The impact of the foreign currency translation adjustment is included in the Consolidated Statements of Comprehensive Income as a component of other comprehensive loss.
Use of Estimates	Use of Estimates The preparation of the Company’s consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities as of the balance sheet dates and the reported amounts of revenues and expenses for the periods presented. Actual results could differ materially from those estimates.
Revenue Recognition	Revenue Recognition The Company earns substantially all of its revenue in the form of advisory fees from its ETPs and recognizes this revenue over time, as the performance obligation is satisfied. Advisory fees are based on a percentage of the ETPs’ average daily net assets. Progress is measured using the practical expedient under the output method resulting in the recognition of revenue in the amount for which the Company has a right to invoice.
Contractual Gold Payments	Contractual Gold Payments Contractual gold payments are measured and paid monthly based upon the average daily spot price of gold (Note 9). The Company’s obligation to continue making these payments terminated on May 10, 2023.
Marketing and Advertising	Marketing and Advertising Marketing and advertising costs, including media advertising and production costs, are expensed when incurred.
Depreciation and Amortization	Depreciation and Amortization Depreciation and amortization is provided for using the straight-line method over the estimated useful lives of the related assets as follows: Equipment 3 to 5 years Internally-developed software 3 years The assets listed above are recorded at cost less accumulated depreciation and amortization.
Stock-Based Awards	Stock-Based Awards Accounting for stock-based compensation requires the measurement and recognition of compensation expense for all equity awards based on estimated fair values. Stock-based compensation is measured based on the grant-date fair value of the award and is amortized over the relevant service period. Forfeitures are recognized when they occur.
Third-Party Distribution Fees	Third-Party Distribution Fees The Company pays a percentage of its advisory fee revenues based on incremental growth in assets under management (“AUM”), subject to caps or minimums, to marketing agents to sell WisdomTree ETFs and for including WisdomTree ETFs on third-party customer platforms and recognizes these expenses as incurred.
Cash and Cash Equivalents	Cash and Cash Equivalents The Company considers all highly liquid investments with an original maturity of 90 days or less at the time of purchase to be classified as cash equivalents. The Company maintains deposits with financial institutions in an amount that is in excess of federally insured limits.
Accounts Receivable	Accounts Receivable Accounts receivable are customer and other obligations due under normal trade terms. The Company measures credit losses, if any, by applying historical loss rates, adjusted for current conditions and reasonable and supportable forecasts to amounts outstanding using the aging method.
Impairment of Long-Lived Assets	Impairment of Long-Lived Assets The Company performs a review for the impairment of long-lived assets when events or changes in circumstances indicate that the estimated undiscounted future cash flows expected to be generated by the assets are less than their carrying amounts or when other events occur which may indicate that the carrying amount of an asset may not be recoverable.
Financial Instruments Owned and Financial Instruments Sold, but Not yet Purchased (at Fair Value)	Financial Instruments Owned and Financial Instruments Sold, but Not yet Purchased (at Fair Value) Financial instruments owned and financial instruments sold, but not yet purchased are financial instruments classified as either trading or available-for-sale (“AFS”). These financial instruments are recorded on their trade date and are measured at fair value. All equity instruments that have readily determinable fair values are classified by the Company as trading. Debt instruments are classified based primarily on the Company’s intent to hold or sell the instrument. Changes in the fair value of debt instruments classified as trading and AFS are reported in other income/(expenses) and other comprehensive income, respectively, in the period the change occurs. Debt instruments classified as AFS are assessed for impairment on a quarterly basis and an estimate for credit loss is provided when the fair value of the AFS debt instrument is below its amortized cost basis. Credit-related impairments are recognized in earnings with a corresponding adjustment to the instrument’s amortized cost basis if the Company intends to sell the impaired AFS debt instrument or it is more likely than not the Company will be required to sell the instrument before recovering its amortized cost basis. Other credit-related impairments are recognized as an allowance with a corresponding adjustment to earnings. Impairments resulting from noncredit-related factors are recognized in other comprehensive income. Amounts recorded in other comprehensive income are reclassified into earnings upon sale of the AFS debt instrument using the specific identification method.
Securities Held-to-Maturity	Securities Held-to-Maturity The Company accounts for certain of its securities as held-to-maturity on a trade date basis, which are recorded at amortized cost. For held-to-maturity securities, the Company has the intent and ability to hold these securities to maturity and it is not more-likely-than-not that the Company will be required to sell these securities before recovery of their amortized cost bases, which may be maturity. Held-to-maturity securities are placed on non-accrual status when the Company is in receipt of information indicating collection of interest is doubtful. Cash received on held-to-maturity securities placed on non-accrual status is recognized on a cash basis as interest income if and when received. The Company reviews its portfolio of held-to-maturity securities for impairment on a quarterly basis, recognizing an allowance, if any, by applying an estimated loss rate after consideration for the nature of collateral securing the financial asset as well as potential future changes in collateral values and historical loss information for financial assets secured with similar collateral. Investments in pass-through government-sponsored enterprises (“GSEs”) are determined to have an estimated loss rate of zero due to an implicit U.S. government guarantee.
Investments	Investments The Company accounts for equity investments that do not have a readily determinable fair value under the measurement alternative prescribed in Accounting Standards Codification (“ASC”) Topic 321, Investments – Equity Securities (“ASC 321”), to the extent such investments are not subject to consolidation or the equity method. Under the measurement alternative, these financial instruments are carried at cost, less any impairment (assessed quarterly), plus or minus changes resulting from observable price changes in orderly transactions for an identical or similar investment of the same issuer. In addition, income is recognized when dividends are received only to the extent they are distributed from net accumulated earnings of the investee. Otherwise, such distributions are considered returns of investment and are recorded as a reduction of the cost of the investment. Investments in debt instruments are accounted for at fair value, with changes in fair value reported in other income/(expenses).
Goodwill	Goodwill Goodwill is the excess of the purchase price over the fair values of the identifiable net assets at the acquisition date. The Company tests goodwill for impairment at least annually and at the time of a triggering event requiring re-evaluation, if one were to occur. Goodwill is considered impaired when the estimated fair value of the reporting unit that was allocated the goodwill is less than its carrying value. If the estimated fair value of such reporting unit is less than its carrying value, goodwill impairment is recognized based on that difference, not to exceed the carrying amount of goodwill. A reporting unit is an operating segment or a component of an operating segment provided that the component constitutes a business for which discrete financial information is available and management regularly reviews the operating results of that component. Goodwill is allocated to the Company’s U.S. business and European business components. For impairment testing purposes, these components are aggregated as a single reporting unit as they fall under the same operating segment and have similar economic characteristics. Goodwill is assessed for impairment annually on November 30 th
Intangible Assets	Intangible Assets Indefinite-lived intangible assets are tested for impairment at least annually and are also reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Indefinite-lived intangible assets are impaired if their estimated fair values are less than their carrying values. Finite-lived intangible assets, if any, are amortized over their estimated useful life, which is the period over which the assets are expected to contribute directly or indirectly to the future cash flows of the Company. These intangible assets are tested for impairment at the time of a triggering event, if one were to occur. Finite-lived intangible assets may be impaired when the estimated undiscounted future cash flows generated from the assets are less than their carrying amounts. The Company may rely on a qualitative assessment when performing its intangible asset impairment test. Otherwise, the impairment evaluation is performed at the lowest level of reasonably identifiable cash flows independent of other assets. The annual impairment testing date for all of the Company’s intangible assets is November 30 th
Software Development Costs	Software Development Costs Software development costs incurred after the preliminary project stage is complete are capitalized if it is probable that the project will be completed and the software will be used as intended. Capitalized costs consist of employee compensation costs and fees paid to third parties who are directly involved in the application development efforts and are included in intangible assets, net in the Consolidated Balance Sheets. Such costs are amortized over the estimated useful life of the software on a straight-line basis and are included in depreciation and amortization in the Consolidated Statements of Operations. Once the application development stage is complete, additional costs are expensed as incurred.
Leases	Leases The Company accounts for its lease obligations in accordance with ASC Topic 842, Leases (“ASC 842”), which requires the recognition of both (i) a lease liability equal to the present value of the remaining lease payments and (ii) an offsetting right-of-use asset. The remaining lease payments are discounted using the rate implicit in the lease, if known, or otherwise the Company’s incremental borrowing rate. After lease commencement, right-of-use assets are assessed for impairment and otherwise are amortized over the remaining lease term on a straight-line basis. These recognition requirements are not applied to short-term leases, which are those with a lease term of 12 months or less. Instead, lease payments associated with short-term leases are recognized as an expense on a straight-line basis over the lease term. ASC 842 also provides a practical expedient which allows for consideration in a contract to be accounted for as a single lease component rather than allocated between lease and non-lease components. The Company has elected to apply this practical expedient to all lease contracts, where applicable.
Deferred Consideration—Gold Payments	Deferred Consideration—Gold Payments Deferred consideration—gold payments represented the present value of an obligation to pay gold to a third party into perpetuity and was measured using forward-looking gold prices observed on the CMX exchange, a selected discount rate and perpetual growth rate (Note 9). Changes in the fair value of this obligation were reported as gain on revaluation/termination of deferred consideration—gold payments in the Consolidated Statements of Operations.
Convertible Notes	Convertible Notes Convertible notes are carried at amortized cost, net of issuance costs. The Company accounts for convertible instruments as a single liability (applicable to the convertible notes) or equity with no separate accounting for embedded conversion features unless the conversion feature meets the criteria for accounting under the substantial premium model or does not qualify for a derivative scope exception. Interest expense is recognized using the effective interest method and includes amortization of issuance costs over the life of the debt.
Contingencies	Contingencies The Company may be subject to reviews, inspections and investigations by regulatory authorities as well as legal proceedings arising in the ordinary course of business. The Company evaluates the likelihood of an unfavorable outcome of all legal or regulatory proceedings to which it is a party and accrues a loss contingency when the loss is probable and reasonably estimable.
Contingent Payments	Contingent Payments The Company recognizes a gain on contingent payments when the contingency is resolved and the gain is realized.
Earnings per Share	Earnings per Share Basic earnings per share (“EPS”) is computed by dividing net income available to common stockholders by the weighted-average number of common shares outstanding for the period. Net income available to common stockholders represents net income of the Company reduced by an allocation of earnings to participating securities. The Series A non-voting convertible preferred stock and Series C non-voting convertible preferred stock (Note 11) and unvested stock-based equity awards that contain non-forfeitable rights to dividends or dividend equivalents (whether paid or unpaid) are participating securities and are included in the computation of EPS pursuant to the two-class method. Stock-based equity awards that do not contain such rights are not deemed participating securities and are included in diluted shares outstanding (if dilutive). Diluted EPS is calculated under the treasury stock method and the two-class method. The calculation that results in the lowest diluted EPS amount for the common stock is reported in the Company’s consolidated financial statements. The treasury stock method includes the dilutive effect of potential common shares including unvested stock-based awards, the Series A non-voting convertible preferred stock, the Series C non-voting convertible preferred stock and the convertible notes, if any. Potential common shares associated with the Series A non-voting convertible preferred stock, the Series C non-voting convertible preferred stock and the convertible notes are computed under the if-converted method. Potential common shares associated with the conversion option embedded in the convertible notes are dilutive when the Company’s average stock price exceeds the conversion price.
Income Taxes	Income Taxes The Company accounts for income taxes using the liability method, which requires the determination of deferred tax assets and liabilities based on the differences between the financial and tax bases of assets and liabilities using the enacted tax rates in effect for the year in which differences are expected to reverse. Deferred tax assets are reduced by a valuation allowance if, based on the weight of available evidence, it is more-likely-than-not that some portion or all the deferred tax assets will not be realized. Tax positions are evaluated utilizing a two-step process. The Company first determines whether any of its tax positions are more-likely-than-not to be sustained upon examination, based solely on the technical merits of the position. Once it is determined that a position meets this recognition threshold, the position is measured as the largest amount of benefit that is greater than 50% likely of being realized upon ultimate settlement. The Company records interest expense and penalties related to tax expenses as income tax expense. The Global Intangible Low-Taxed Income (“GILTI”) provisions of the Tax Reform Act requires the Company to include in its U.S. income tax return foreign subsidiary earnings in excess of an allowable return on the foreign subsidiary’s tangible assets. An accounting policy election is available to either account for the tax effects of GILTI in the period that is subject to such taxes or to provide deferred taxes for book and tax basis differences that upon reversal may be subject to such taxes. The Company accounts for the tax effects of these provisions in the period that is subject to such tax. Non-income based taxes are recorded as part of other liabilities and other expenses.

Significant Accounting Polici_2

Significant Accounting Policies (Tables)	9 Months Ended
	Sep. 30, 2023
Significant Accounting Policies [Abstract]
Schedule of Depreciation and Amortization	Depreciation and amortization is provided for using the straight-line method over the estimated useful lives of the related assets as follows: Equipment 3 to 5 years Internally-developed software 3 years

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	9 Months Ended
	Sep. 30, 2023
Fair Value Measurements [Abstract]
Schedule of Assets and Liabilities Measured at Fair Value	The tables below summarize the categorization of the Company’s assets and liabilities measured at fair value. During the three and nine months ended September 30, 2023 and 2022, there were no transfers between Levels 2 and 3. September 30, 2023 Total Level 1 Level 2 Level 3 Assets: Recurring fair value measurements: Cash equivalents $ 329 $ 329 $ — $ — Financial instruments owned, at fair value: ETFs 42,382 42,382 — — Pass-through GSEs 24,419 — 24,419 — Other assets—seed capital (WisdomTree Digital Funds): U.S. treasuries 4,851 4,851 — — Equities 5,405 5,405 — — Fixed income 1,893 — 1,893 — Investments in Convertible Notes (Note 7): Securrency, Inc.—convertible note 16,190 — — 16,190 Securrency, Inc.—secured convertible note 12,925 — — 12,925 Fnality International Limited—convertible note 7,453 — — 7,453 Total $ 115,847 $ 52,967 $ 26,312 $ 36,568 Non-recurring fair value measurements: Securrency, Inc.—Series A convertible preferred stock (1) $ — $ — $ — $ — Securrency, Inc.—Series B convertible preferred stock (1) 305 — — 305 Other investments (1 ) — — — — Total $ 305 $ — $ — $ 305 (1) December 31, 2022 Total Level 1 Level 2 Level 3 Assets: Recurring fair value measurements: Cash equivalents $ 930 $ 930 $ — $ — Financial instruments owned, at fair value ETFs 23,772 23,772 — — U.S. treasuries 2,980 2,980 — — Pass-through GSEs 96,837 23,290 73,547 — Corporate bonds 885 — 885 — Other assets—seed capital (WisdomTree Digital Funds) 1,765 — 1,765 — Investments in Convertible Notes (Note 7) Securrency, Inc.—convertible note 14,500 — — 14,500 Fnality International Limited—convertible note 6,921 — — 6,921 Total $ 148,590 $ 50,972 $ 76,197 $ 21,421 Non-recurring fair value measurements: Other investments (1) $ 312 $ — $ — $ 312 Liabilities: Recurring fair value measurements: Deferred consideration—gold payments (Note 9) $ 200,290 $ — $ — $ 200,290 (1)
Schedule of Beginning and Ending Balances of Recurring Fair Value Measurements Classified	The following table presents a reconciliation of beginning and ending balances of recurring fair value measurements classified as Level 3: Three Months Ended September 30, Nine Months Ended September 30, 2023 2022 2023 2022 Investments in Convertible Notes (Note 7) Beginning balance $ 30,602 $ 11,712 $ 21,421 $ — Purchases — — 10,000 11,863 Net unrealized gains (1) 5,966 327 5,147 176 Ending balance $ 36,568 $ 12,039 $ 36,568 $ 12,039 Deferred Consideration (Note 9) Beginning balance $ — $ 242,767 $ 200,290 $ 228,062 Net realized losses (2) — 4,105 6,069 13,001 Net unrealized gains (3) — (77,895 ) (61,953 ) (63,188 ) Settlements — (4,220 ) (144,406 ) (13,118 ) Ending balance $ — $ 164,757 $ — $ 164,757 (1) (2) (3) —

Financial Instruments Owned (Ta

Financial Instruments Owned (Tables)	9 Months Ended
	Sep. 30, 2023
Financial Instruments Owned [Abstract]
Schedule of Financial Instruments Owned	These instruments consist of the following: September 30, December 31, Financial instruments owned Trading securities $ 66,801 $ 124,474 Other assets—seed capital (WisdomTree Digital Funds) 12,149 1,765 $ 78,950 $ 126,239

Securities Held-to-Maturity (Ta

Securities Held-to-Maturity (Tables)	9 Months Ended
	Sep. 30, 2023
Securities Held-to-Maturity [Abstract]
Schedule of Securities Held-to-Maturity	The following table is a summary of the Company’s securities held-to-maturity: September 30, 2023 December 31, 2022 Debt instruments: Pass-through GSEs (amortized cost) $ 237 $ 259
Schedule of Unrealized Losses, Gains and Fair Value of Securities Held-to-Maturity	The following table summarizes unrealized losses, gains and fair value (classified as Level 2 within the fair value hierarchy) of securities held-to-maturity: September 30, 2023 December 31, 2022 Cost/amortized cost $ 237 $ 259 Gross unrealized losses (27 ) (20 ) Fair value $ 210 $ 239
Schedule of Maturity Profile of the Securities Held-to-Maturity	The following table sets forth the maturity profile of the securities held-to-maturity; however, these securities may be called prior to the maturity date: September 30, 2023 December 31, 2022 Due within one year $ — $ — Due one year through five years — — Due five years through ten years 23 27 Due over ten years 214 232 Total $ 237 $ 259

Investments (Tables)

Investments (Tables)	9 Months Ended
	Sep. 30, 2023
Investments [Abstract]
Schedule of Investments	The following table sets forth the Company’s investments: September 30, 2023 December 31, 2022 Carrying Value Cost Carrying Value Cost Securrency, Inc.—Series A convertible preferred stock $ — $ 8,112 $ 8,488 $ 8,112 Securrency, Inc.—Series B convertible preferred stock 305 5,500 5,500 5,500 Securrency, Inc.—secured convertible note 12,925 10,000 — — Securrency, Inc.—convertible note 16,190 15,000 14,500 15,000 Subtotal—Securrency, Inc. $ 29,420 $ 38,612 $ 28,488 $ 28,612 Fnality International Limited—convertible note 7,453 6,863 6,921 6,863 Other investments — 250 312 250 Total $ 36,873 $ 45,725 $ 35,721 $ 35,725
Schedule of Probability Ascribed to Potential Outcomes used in the PWERM	The table below presents the probability ascribed to potential outcomes used in the PWERM (classified as Level 3 in the fair value hierarchy) and the time to exit: September 30, 2023 December 31, 2022 Conversion of note upon a future financing round 95 % 85% Redemption of note upon a change of control 0 % 10% Default 5 % 5% Time to potential outcome (in years) 0.25 0.25

Fixed Assets, net (Tables)

Fixed Assets, net (Tables)	9 Months Ended
	Sep. 30, 2023
Fixed Assets, net [Abstract]
Schedule of Fixed Assets	The following table summarizes fixed assets: September 30, 2023 December 31, 2022 Equipment $ 1,058 $ 962 Less: accumulated depreciation (601 ) (418 ) Total $ 457 $ 544

Deferred Consideration - Gold_2

Deferred Consideration - Gold Payments (Tables)	9 Months Ended
	Sep. 30, 2023
Deferred Consideration Gold Payments [Abstract]
Schedule of Valuation of Deferred Consideration	The Company determined the present value of the deferred consideration—gold payments of $0 and $200,290 at September 30, 2023 and December 31, 2022 using the following assumptions: September 30, 2023 December 31, 2022 Forward-looking gold price (low) — n/a $ 1,858 Forward-looking gold price (high) — n/a $ 3,126 Forward-looking gold price (weighted average) — n/a $ 2,237 Discount rate n/a 11.0% Perpetual growth rate n/a 1.3%
Schedule of Deferred Consideration	During the three and nine months ended September 30, 2023 and 2022, the Company recognized the following in respect of deferred Three Months Ended September 30, Nine Months Ended September 30, 2023 2022 2023 2022 Contractual gold payments $ — $ 4,105 $ 6,069 $ 13,001 Contractual gold payments — — 2,375 3,167 7,125 Gain on revaluation/termination of deferred consideration — $ — $ 77,895 $ 61,953 $ 63,188

Convertible Notes (Tables)

Convertible Notes (Tables)	9 Months Ended
	Sep. 30, 2023
Convertible Notes [Abstract]
Schedule of Key Terms of Convertible Notes	Key terms of the Convertible Notes are as follows: 2023 Notes 2021 Notes Principal outstanding $ 130,000 $ 150,000 Maturity date (unless earlier converted, repurchased or redeemed) August 15, 2028 June 15, 2026 Interest rate 5.75% 3.25% Conversion price $ 9.54 $ 11.04 Conversion rate 104.8658 90.5797 Redemption price $ 12.40 $ 14.35
Schedule of Convertible Notes	The following table provides a summary of the Convertible Notes at September 30, 2023 and December 31, 2022: September 30, 2023 December 31, 2022 2023 Notes 2021 Notes Total 2021 Notes 2020 Notes Total Principal amount $ 130,000 $ 150,000 $ 280,000 $ 150,000 $ 175,000 $ 325,000 Plus: Premium — — — — 250 250 Gross proceeds 130,000 150,000 280,000 150,000 175,250 325,250 Less: Unamortized issuance costs (3,147 ) (2,339 ) (5,486 ) (2,981 ) (1,053 ) (4,034 ) Carrying amount 126,853 $ 147,661 $ 274,514 $ 147,019 $ 174,197 $ 321,216 Effective interest rate (1) 6.25% 3.83% 4.96% 3.83% 5.26% 4.60% (1)

Preferred Stock (Tables)

Preferred Stock (Tables)	9 Months Ended
	Sep. 30, 2023
Preferred Stock [Abstract]
Summary of Series A Preferred Stock Balance	The following is a summary of the Series A Preferred Stock balance: September 30, 2023 December 31, 2022 Issuance of Series A Preferred Stock $ 132,750 $ 132,750 Less: Issuance costs (181 ) (181 ) Series A Preferred Stock—carrying value $ 132,569 $ 132,569 Cash dividends declared per share (quarterly) $ 0.03 $ 0.03

Leases (Tables)

Leases (Tables)	9 Months Ended
	Sep. 30, 2023
Lessee [Abstract]
Schedule for Summary of Additional Information Related to Operating Lease	The following table provides additional information regarding the Company’s leases: Three Months Ended September 30, Nine Months Ended September 30, 2023 2022 2023 2022 Lease cost Operating lease cost $ 324 $ 316 $ 963 $ 648 Short-term lease cost 70 296 191 856 Total lease cost $ 394 $ 612 $ 1,154 $ 1,504 Other information Cash paid for amounts included in the measurement of operating liabilities (operating leases) $ 301 $ 296 $ 955 $ 644 Right-of-use assets obtained in exchange for new operating lease liabilities n/a n/a n/a n/a Weighted-average remaining lease term (in years) — 0.7 1.5 0.7 1.5 Weighted-average discount rate — 6.0% 6.3% 6.0% 6.3%
Schedule of Future Minimum Lease Payments	The following table discloses future minimum lease payments at September 30, 2023 with respect to the Company’s operating lease liabilities: Remainder of 2023 $ 328 2024 577 2025 and thereafter — Total future minimum lease payments (undiscounted) $ 905
Schedule of Reconciliation of Future Minimum Lease Payments to Balance Sheet	The following table reconciles the future minimum lease payments (disclosed above) at September 30, 2023 to the operating lease liabilities recognized in the Company’s Consolidated Balance Sheets: Amounts recognized in the Company’s Consolidated Balance Sheets Lease liability — $ 889 Difference between undiscounted and discounted cash flows 16 Total future minimum lease payments (undiscounted) $ 905

Variable Interest Entities (Tab

Variable Interest Entities (Tables)	9 Months Ended
	Sep. 30, 2023
Variable Interest Entities [Abstract]
Schedule of Information about Variable Interests	The following table presents information about the Company’s variable interests in non-consolidated VIEs: September 30, 2023 December 31, 2022 Carrying Amount—Assets (Securrency): Preferred stock—Securrency Series A Shares $ — $ 8,488 Preferred stock—Securrency Series B Shares 305 5,500 Secured convertible note 12,925 — Convertible note 16,190 14,500 Subtotal — $ 29,420 $ 28,488 Carrying Amount — Convertible note 7,453 6,921 Carrying Amount — — 312 Total (Note 7) $ 36,873 $ 35,721 Maximum exposure to loss $ 36,873 $ 35,721

Revenues from Contracts with _2

Revenues from Contracts with Customers (Tables)	9 Months Ended
	Sep. 30, 2023
Revenues from Contracts with Customers [Abstract]
Schedule of Revenues from Contracts with Customers	The following table presents the Company’s total revenues from contracts with customers: Three Months Ended September 30, Nine Months Ended September 30, 2023 2022 2023 2022 Revenues from contracts with customers: Advisory fees $ 86,598 $ 70,616 $ 246,239 $ 222,719 Other 3,825 1,798 11,952 5,316 Total operating revenues $ 90,423 $ 72,414 $ 258,191 $ 228,035
Schedule of Geographic Distribution of Revenues	The following table presents the Company’s total revenues geographically as determined by where the respective management companies reside: Three Months Ended September 30, Nine Months Ended September 30, 2023 2022 2023 2022 Revenues from contracts with customers: United States $ 57,988 $ 45,263 $ 160,477 $ 137,299 Jersey 28,196 23,702 86,407 80,111 Ireland 4,239 3,449 11,307 10,625 Total operating revenues $ 90,423 $ 72,414 $ 258,191 $ 228,035

Related Party Transactions (Tab

Related Party Transactions (Tables)	9 Months Ended
	Sep. 30, 2023
Related Party Transactions [Abstract]
Schedule of Accounts Receivable from Related Parties	The following table summarizes accounts receivable from related parties which are included as a component of accounts receivable in the Consolidated Balance Sheets: September 30, 2023 December 31, 2022 Receivable from WTT $ 19,123 $ 16,399 Receivable from ManJer Issuers 9,024 4,485 Receivable from WMAI and WTICAV 4,168 3,255 Total $ 32,315 $ 24,139
Schedule of Revenues from Advisory Services Provided to Related Parties	The following table summarizes revenues from advisory services provided to related parties: Three Months Ended September 30, Nine Months Ended September 30, 2023 2022 2023 2022 Advisory services provided to WTT $ 57,656 $ 45,112 $ 159,595 $ 136,852 Advisory services provided to ManJer Issuers 24,703 22,055 75,337 75,242 Advisory services provided to WMAI and WTICAV 4,239 3,449 11,307 10,625 Total $ 86,598 $ 70,616 $ 246,239 $ 222,719

Stock-Based Awards (Tables)

Stock-Based Awards (Tables)	9 Months Ended
	Sep. 30, 2023
Stock-Based Awards [Abstract]
Summary of Unrecognized Stock-Based Compensation Expense and Average Remaining Vesting Period	A summary of unrecognized stock-based compensation expense and average remaining vesting period is as follows: September 30, 2023 Unrecognized Stock-Based Weighted-Average Remaining Employees and directors $ 23,197 1.17
Summary of Restricted Stock Activity	A summary of stock-based compensation award activity (shares) during the three months ended September 30, 2023 is as follows: RSA RSU PRSU Balance at July 1, 2023 5,099,128 227,634 1,136,315 Granted 11,828 — — Vested (55,320 ) — — Forfeited (14,622 ) — — Stock dividends — 2,113 32,197 Balance at September 30, 2023 5,041,014 229,747 (1) 1,168,512 ( 1

Earnings Per Share (Tables)

Earnings Per Share (Tables)	9 Months Ended
	Sep. 30, 2023
Earnings Per Share [Abstract]
Schedule of Reconciliation of Basic and Diluted Earnings Per Share	The following tables set forth reconciliations of the basic and diluted earnings per share computations for the periods presented: Three Months Ended Nine Months Ended Basic Earnings per Share 2023 2022 2023 2022 Net income $ 12,984 $ 81,229 $ 83,469 $ 78,973 Less: Income distributed to participating securities (889 ) (546 ) (1,884 ) (1,644 ) Less: Undistributed income allocable to participating securities (1,309 ) (8,583 ) (9,619 ) (7,268 ) Net income available to common stockholders — $ 10,786 $ 72,100 $ 71,966 $ 70,061 Weighted average common shares (in thousands) 145,284 143,120 144,505 142,984 Basic earnings per share $ 0.07 $ 0.50 $ 0.50 $ 0.49 Three Months Ended Nine Months Ended Diluted Earnings per Share 2023 2022 2023 2022 Net income available to common stockholders $ 10,786 $ 72,100 $ 71,966 $ 70,061 Add back: Undistributed income allocable to participating securities 1,309 8,583 9,619 7,268 Less: Reallocation of undistributed income allocable to participating securities considered potentially dilutive (1,286 ) (8,568 ) (9,446 ) (7,257 ) Net income available to common stockholders — $ 10,809 $ 72,115 $ 72,139 $ 70,072 Weighted Average Diluted Shares (in thousands): Weighted average common shares 145,284 143,120 144,505 142,984 Dilutive effect of common stock equivalents, excluding participating securities 3,148 287 3,067 261 Weighted average diluted shares, excluding participating securities 148,432 143,407 147,572 143,245 Diluted earnings per share $ 0.07 $ 0.50 $ 0.49 $ 0.49
Schedule of Weighted Average Number of Shares	The following table reconciles weighted average diluted shares as reported on the Company’s Consolidated Statements of Operations for the three and nine months ended September 30, 2023 and 2022, which are determined pursuant to the treasury stock method, to the weighted average diluted shares used to calculate diluted earnings/(loss) per share as disclosed in the table above: Three Months Ended September 30, Nine Months Ended September 30, Reconciliation of Weighted Average Diluted Shares (in thousands) 2023 2022 2023 2022 Weighted average diluted shares as disclosed on the Consolidated Statements of Operations 177,140 158,953 169,997 158,741 Less: Participating securities: Weighted average shares of common stock issuable upon conversion of the Series A Preferred Stock (Note 11) (14,750 ) (14,750 ) (14,750 ) (14,750 ) Weighted average shares of common stock issuable upon conversion of the Series C Preferred Stock (Note 11) (13,087 ) — (6,903 ) — Potentially dilutive restricted stock awards (871 ) (796 ) (772 ) (746 ) Weighted average diluted shares used to calculate diluted earnings per share as disclosed in the table above 148,432 143,407 147,572 143,245

Income Taxes (Tables)

Income Taxes (Tables)	9 Months Ended
	Sep. 30, 2023
Income Tax Disclosure [Abstract]
Schedule of Components of the Company’s Deferred Tax Assets	A summary of the components of the Company’s deferred tax assets at September 30, 2023 and December 31, 2022 is as follows: September 30, 2023 December 31, 2022 Deferred tax assets: Capital losses $ 19,083 $ 17,541 Accrued expenses 4,447 6,030 Unrealized losses 4,303 3,821 Stock-based compensation 1,849 1,526 NOLs—Foreign 1,482 1,609 Goodwill and intangible assets 943 1,085 Interest carryforwards 455 — Foreign currency translation adjustment 435 173 Operating lease liabilities 151 313 NOLs—U.S. 127 255 Outside basis differences 122 122 Other 382 341 Total deferred tax assets 33,779 32,816 Deferred tax liabilities: Fixed assets and prepaid assets 409 278 Unremitted earnings—European subsidiaries 203 205 Right of use assets—operating leases 151 313 Total deferred tax liabilities: 763 796 Total deferred tax assets less deferred tax liabilities 33,016 32,020 Less: Valuation allowance (23,508 ) (21,484 ) Deferred tax assets, net $ 9,508 $ 10,536

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	9 Months Ended
	Sep. 30, 2023
Goodwill and Intangible Assets [Abstract]
Schedule of Goodwill	The table below sets forth goodwill which is tested annually for impairment on November 30 th Total Balance at January 1, 2023 $ 85,856 Changes 985 (1) Balance at September 30, 2023 $ 86,841 (1) Business Combinations
Schedule of Intangible Assets	The table below sets forth the Company’s intangible assets which are tested annually for impairment on November 30 th Balance at September 30, 2023 Item Gross Asset Accumulated Net Asset ETFS acquisition $ 601,247 $ — $ 601,247 Software development 3,939 (405 ) 3,534 Balance at September 30, 2023 $ 605,186 $ (405 ) $ 604,781 Balance at December 31, 2022 Item Gross Asset Accumulated Net Asset ETFS acquisition $ 601,247 $ — $ 601,247 Software development 2,370 (50 ) 2,320 Balance at December 31, 2022 $ 603,617 $ (50 ) $ 603,567
Schedule of Unamortized Finite-Lived Intangible Assets	As of September 30, 2023, expected amortization expense for the unamortized finite-lived intangible assets for the next five years and thereafter is as follows: Remainder of 2023 $ 300 2024 1,265 2025 1,262 2026 656 2027 51 2028 and thereafter — Total expected amortization expense $ 3,534

Significant Accounting Polici_3

Significant Accounting Policies (Details) - Schedule of Depreciation and Amortization	Sep. 30, 2023
Equipment [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives	3 years
Equipment [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives	5 years
Software Development [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives	3 years

Cash and Cash Equivalents (Deta

Cash and Cash Equivalents (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Cash and Cash Equivalents [Line Items]
Total cash and cash equivalents	$ 89,481	$ 132,101
Cash Equivalents, at Carrying Value	329	930
European Business Segment [Member]
Cash and Cash Equivalents [Line Items]
Net Liquid Assets International Subsidiary Regulatory Capital Requirements	27,844	25,988
Two Financial Institutions [Member]
Cash and Cash Equivalents [Line Items]
Total cash and cash equivalents	$ 88,240	$ 131,104

Fair Value Measurements (Detail

Fair Value Measurements (Details)	9 Months Ended
	Sep. 30, 2023
Fair Value Measurements [Abstract]
Liquid investments, original maturities	90 days

Fair Value Measurements (Deta_2

Fair Value Measurements (Details) - Schedule of Assets and Liabilities Measured at Fair Value - USD ($) $ in Thousands		Sep. 30, 2023	Dec. 31, 2022
Fair Value, Recurring [Member]
Recurring fair value measurements:
Cash equivalents		$ 329	$ 930
Investments in Convertible Notes (Note 7):
Total		115,847	148,590
Recurring fair value measurements:
Deferred consideration—gold payments (Note 9)			200,290
Fair Value, Recurring [Member] | Securrency Convertible Note [Member]
Investments in Convertible Notes (Note 7):
Investments in Convertible Notes		16,190	14,500
Fair Value, Recurring [Member] | Securrency convertible secured note [Member]
Investments in Convertible Notes (Note 7):
Investments in Convertible Notes		12,925
Fair Value, Recurring [Member] | Exchange Traded Funds [Member]
Financial instruments owned, at fair value:
Financial instruments owned, at fair value		42,382	23,772
Fair Value, Recurring [Member] | Federal Agency [Member]
Financial instruments owned, at fair value:
Financial instruments owned, at fair value		24,419	96,837
Fair Value, Recurring [Member] | US Treasury Securities [Member]
Financial instruments owned, at fair value:
Financial instruments owned, at fair value			2,980
Fair Value, Recurring [Member] | Corporate bonds [Member]
Financial instruments owned, at fair value:
Financial instruments owned, at fair value			885
Fair Value, Recurring [Member] | WisdomTree Digital Funds [Member]
Other assets—seed capital (WisdomTree Digital Funds):
Other assets			1,765
Fair Value, Recurring [Member] | Level 1 [Member]
Recurring fair value measurements:
Cash equivalents		329	930
Investments in Convertible Notes (Note 7):
Total		52,967	50,972
Recurring fair value measurements:
Deferred consideration—gold payments (Note 9)
Fair Value, Recurring [Member] | Level 1 [Member] | Securrency Convertible Note [Member]
Investments in Convertible Notes (Note 7):
Investments in Convertible Notes
Fair Value, Recurring [Member] | Level 1 [Member] | Securrency convertible secured note [Member]
Investments in Convertible Notes (Note 7):
Investments in Convertible Notes
Fair Value, Recurring [Member] | Level 1 [Member] | Exchange Traded Funds [Member]
Financial instruments owned, at fair value:
Financial instruments owned, at fair value		42,382	23,772
Fair Value, Recurring [Member] | Level 1 [Member] | Federal Agency [Member]
Financial instruments owned, at fair value:
Financial instruments owned, at fair value			23,290
Fair Value, Recurring [Member] | Level 1 [Member] | US Treasury Securities [Member]
Financial instruments owned, at fair value:
Financial instruments owned, at fair value			2,980
Fair Value, Recurring [Member] | Level 1 [Member] | Corporate bonds [Member]
Financial instruments owned, at fair value:
Financial instruments owned, at fair value
Fair Value, Recurring [Member] | Level 1 [Member] | WisdomTree Digital Funds [Member]
Other assets—seed capital (WisdomTree Digital Funds):
Other assets
Fair Value, Recurring [Member] | Level 2 [Member]
Recurring fair value measurements:
Cash equivalents
Investments in Convertible Notes (Note 7):
Total		26,312	76,197
Recurring fair value measurements:
Deferred consideration—gold payments (Note 9)
Fair Value, Recurring [Member] | Level 2 [Member] | Securrency Convertible Note [Member]
Investments in Convertible Notes (Note 7):
Investments in Convertible Notes
Fair Value, Recurring [Member] | Level 2 [Member] | Securrency convertible secured note [Member]
Investments in Convertible Notes (Note 7):
Investments in Convertible Notes
Fair Value, Recurring [Member] | Level 2 [Member] | Exchange Traded Funds [Member]
Financial instruments owned, at fair value:
Financial instruments owned, at fair value
Fair Value, Recurring [Member] | Level 2 [Member] | Federal Agency [Member]
Financial instruments owned, at fair value:
Financial instruments owned, at fair value		24,419	73,547
Fair Value, Recurring [Member] | Level 2 [Member] | US Treasury Securities [Member]
Financial instruments owned, at fair value:
Financial instruments owned, at fair value
Fair Value, Recurring [Member] | Level 2 [Member] | Corporate bonds [Member]
Financial instruments owned, at fair value:
Financial instruments owned, at fair value			885
Fair Value, Recurring [Member] | Level 2 [Member] | WisdomTree Digital Funds [Member]
Other assets—seed capital (WisdomTree Digital Funds):
Other assets			1,765
Fair Value, Recurring [Member] | Level 3 [Member]
Recurring fair value measurements:
Cash equivalents
Investments in Convertible Notes (Note 7):
Total		36,568	21,421
Recurring fair value measurements:
Deferred consideration—gold payments (Note 9)			200,290
Fair Value, Recurring [Member] | Level 3 [Member] | Securrency Convertible Note [Member]
Investments in Convertible Notes (Note 7):
Investments in Convertible Notes		16,190	14,500
Fair Value, Recurring [Member] | Level 3 [Member] | Securrency convertible secured note [Member]
Investments in Convertible Notes (Note 7):
Investments in Convertible Notes		12,925
Fair Value, Recurring [Member] | Level 3 [Member] | Exchange Traded Funds [Member]
Financial instruments owned, at fair value:
Financial instruments owned, at fair value
Fair Value, Recurring [Member] | Level 3 [Member] | Federal Agency [Member]
Financial instruments owned, at fair value:
Financial instruments owned, at fair value
Fair Value, Recurring [Member] | Level 3 [Member] | US Treasury Securities [Member]
Financial instruments owned, at fair value:
Financial instruments owned, at fair value
Fair Value, Recurring [Member] | Level 3 [Member] | Corporate bonds [Member]
Financial instruments owned, at fair value:
Financial instruments owned, at fair value
Fair Value, Recurring [Member] | Level 3 [Member] | WisdomTree Digital Funds [Member]
Other assets—seed capital (WisdomTree Digital Funds):
Other assets
Fair Value, Recurring [Member] | Fnality Convertible Note [Member]
Investments in Convertible Notes (Note 7):
Investments in Convertible Notes		7,453	6,921
Fair Value, Recurring [Member] | Fnality Convertible Note [Member] | Level 1 [Member]
Investments in Convertible Notes (Note 7):
Investments in Convertible Notes
Fair Value, Recurring [Member] | Fnality Convertible Note [Member] | Level 2 [Member]
Investments in Convertible Notes (Note 7):
Investments in Convertible Notes
Fair Value, Recurring [Member] | Fnality Convertible Note [Member] | Level 3 [Member]
Investments in Convertible Notes (Note 7):
Investments in Convertible Notes		7,453	6,921
Fair Value, Nonrecurring [Member]
Investments in Convertible Notes (Note 7):
Total		305
Fair Value, Nonrecurring [Member] | Other Investments [Member]
Non-recurring fair value measurements:
Non-recurring fair value measurements			312	[1]
Fair Value, Nonrecurring [Member] | Level 1 [Member]
Investments in Convertible Notes (Note 7):
Total
Fair Value, Nonrecurring [Member] | Level 1 [Member] | Other Investments [Member]
Non-recurring fair value measurements:
Non-recurring fair value measurements				[1]
Fair Value, Nonrecurring [Member] | Level 2 [Member]
Investments in Convertible Notes (Note 7):
Total
Fair Value, Nonrecurring [Member] | Level 2 [Member] | Other Investments [Member]
Non-recurring fair value measurements:
Non-recurring fair value measurements				[1]
Fair Value, Nonrecurring [Member] | Level 3 [Member]
Investments in Convertible Notes (Note 7):
Total		305
Fair Value, Nonrecurring [Member] | Level 3 [Member] | Other Investments [Member]
Non-recurring fair value measurements:
Non-recurring fair value measurements			$ 312	[1]
Fair Value, Nonrecurring [Member] | Securrency, Inc.—Series A convertible preferred stock [Member]
Non-recurring fair value measurements:
Non-recurring fair value measurements
Fair Value, Nonrecurring [Member] | Securrency, Inc.—Series A convertible preferred stock [Member] | Level 1 [Member]
Non-recurring fair value measurements:
Non-recurring fair value measurements
Fair Value, Nonrecurring [Member] | Securrency, Inc.—Series A convertible preferred stock [Member] | Level 2 [Member]
Non-recurring fair value measurements:
Non-recurring fair value measurements
Fair Value, Nonrecurring [Member] | Securrency, Inc.—Series A convertible preferred stock [Member] | Level 3 [Member]
Non-recurring fair value measurements:
Non-recurring fair value measurements
Fair Value, Nonrecurring [Member] | Securrency, Inc.—Series B convertible preferred stock [Member]
Non-recurring fair value measurements:
Non-recurring fair value measurements	[2]	305
Fair Value, Nonrecurring [Member] | Securrency, Inc.—Series B convertible preferred stock [Member] | Level 1 [Member]
Non-recurring fair value measurements:
Non-recurring fair value measurements	[2]
Fair Value, Nonrecurring [Member] | Securrency, Inc.—Series B convertible preferred stock [Member] | Level 2 [Member]
Non-recurring fair value measurements:
Non-recurring fair value measurements	[2]
Fair Value, Nonrecurring [Member] | Securrency, Inc.—Series B convertible preferred stock [Member] | Level 3 [Member]
Non-recurring fair value measurements:
Non-recurring fair value measurements	[2]	305
US Treasury Securities [Member] | Fair Value, Recurring [Member]
Other assets—seed capital (WisdomTree Digital Funds):
Other assets		4,851
US Treasury Securities [Member] | Fair Value, Recurring [Member] | Level 1 [Member]
Other assets—seed capital (WisdomTree Digital Funds):
Other assets		4,851
US Treasury Securities [Member] | Fair Value, Recurring [Member] | Level 2 [Member]
Other assets—seed capital (WisdomTree Digital Funds):
Other assets
US Treasury Securities [Member] | Fair Value, Recurring [Member] | Level 3 [Member]
Other assets—seed capital (WisdomTree Digital Funds):
Other assets
Equity Securities [Member] | Fair Value, Recurring [Member]
Other assets—seed capital (WisdomTree Digital Funds):
Other assets		5,405
Equity Securities [Member] | Fair Value, Recurring [Member] | Level 1 [Member]
Other assets—seed capital (WisdomTree Digital Funds):
Other assets		5,405
Equity Securities [Member] | Fair Value, Recurring [Member] | Level 2 [Member]
Other assets—seed capital (WisdomTree Digital Funds):
Other assets
Equity Securities [Member] | Fair Value, Recurring [Member] | Level 3 [Member]
Other assets—seed capital (WisdomTree Digital Funds):
Other assets
Fixed Income Investments [Member] | Fair Value, Recurring [Member]
Other assets—seed capital (WisdomTree Digital Funds):
Other assets		1,893
Fixed Income Investments [Member] | Fair Value, Recurring [Member] | Level 1 [Member]
Other assets—seed capital (WisdomTree Digital Funds):
Other assets
Fixed Income Investments [Member] | Fair Value, Recurring [Member] | Level 2 [Member]
Other assets—seed capital (WisdomTree Digital Funds):
Other assets		1,893
Fixed Income Investments [Member] | Fair Value, Recurring [Member] | Level 3 [Member]
Other assets—seed capital (WisdomTree Digital Funds):
Other assets
[1]Fair value determined on May 10, 2022.[2]Fair value determined on September 30, 2023.

Fair Value Measurements (Deta_3

Fair Value Measurements (Details) - Schedule of Beginning and Ending Balances of Recurring Fair Value Measurements Classified - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Investments in Convertible Notes (Note 7)
Beginning balance		$ 30,602	$ 11,712	$ 21,421
Purchases				10,000	11,863
Net unrealized (gains)/Losses	[1]	5,966	327	5,147	176
Ending balance		36,568	12,039	36,568	12,039
Deferred Consideration Obligation [Member]
Investments in Convertible Notes (Note 7)
Beginning balance			242,767	200,290	228,062
Net realized losses	[2]		4,105	6,069	13,001
Net unrealized (gains)/Losses	[3]		(77,895)	(61,953)	(63,188)
Settlements			(4,220)	(144,406)	(13,118)
Ending balance			$ 164,757		$ 164,757
[1]Recorded in impairments and other losses, net in the Consolidated Statements of Operations.[2]Recorded as contractual gold payments expense in the Consolidated Statements of Operations.[3]Recorded as gain on revaluation/termination of deferred consideration —

Financial Instruments Owned (De

Financial Instruments Owned (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Financial Instruments Owned at Fair Value [Member]
Debt and Equity Securities, FV-NI [Line Items]
Net trading losses	$ 1,958	$ 6,010	$ 648	$ 13,922

Financial Instruments Owned (_2

Financial Instruments Owned (Details) - Schedule of Financial Instruments Owned - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Financial instruments owned
Financial Instruments, Owned, at Fair Value	$ 78,950	$ 126,239
WETF Trading Securities [Member]
Financial instruments owned
Financial Instruments, Owned, at Fair Value	66,801	124,474
Other assets—seed capital (WisdomTree Digital Funds) [Member]
Financial instruments owned
Financial Instruments, Owned, at Fair Value	$ 12,149	$ 1,765

Securities Held-to-Maturity (De

Securities Held-to-Maturity (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Securities Held-to-Maturity [Abstract]
Debt instruments: Pass-through GSEs (amortized cost)	$ 22	$ 38

Securities Held-to-Maturity (_2

Securities Held-to-Maturity (Details) - Schedule of Securities Held-to-Maturity - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Federal Agency [Member]
Schedule of Held-to-Maturity Securities [Line Items]
Debt instruments: Pass-through GSEs (amortized cost)	$ 237	$ 259

Securities Held-to-Maturity (_3

Securities Held-to-Maturity (Details) - Schedule of Unrealized Losses, Gains and Fair Value of Securities Held-to-Maturity - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Schedule of Unrealized Losses Gains And Fair Value of Securities Held to Maturity [Abstract]
Cost/amortized cost	$ 237	$ 259
Gross unrealized losses	(27)	(20)
Fair value	$ 210	$ 239

Securities Held-to-Maturity (_4

Securities Held-to-Maturity (Details) - Schedule of Maturity Profile of the Securities Held-to-Maturity - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Schedule of Maturity Profile of the Securities Held to Maturity [Abstract]
Due within one year
Due one year through five years
Due five years through ten years	23	27
Due over ten years	214	232
Total	$ 237	$ 259

Investments (Details)

Investments (Details) £ in Thousands, $ in Thousands	3 Months Ended	9 Months Ended
	Sep. 30, 2023 USD ($)	Sep. 30, 2023 USD ($)	Sep. 30, 2022 USD ($)	Feb. 28, 2023 USD ($)	Feb. 28, 2023 GBP (£)
Investments [Line Items]
Other losses, net		$ 1,777
Percentage of outstanding convertible note		75
Percentage Of Voting Approval Required To Redeem All Of The Outstanding Notes At Maturity		50%
Percentage of voting approval required to redeem all of the outstanding notes before maturity		75%
Unrealized gain (loss) on investments		$ (1,006)	$ (15,633)
Investment in Securrency, Inc [Member]
Investments [Line Items]
Net impairment charge	$ 2,391	$ 7,291
Fnality International Limited [Member]
Investments [Line Items]
Ownership interest percentage	5%	5%
Maturity date (unless earlier converted, repurchased or redeemed)		Dec. 31, 2023
Percentage of discount on future equity financing for preferred stock	20%	20%
Unrealized gain (loss) on investments	$ (426)	$ 532
Fnality International Limited [Member] | Accounting Standard Update 201601 [Member]
Investments [Line Items]
Fair value				$ (6,863)	£ 5,000
Securrency Inc [Member]
Investments [Line Items]
Recognized an impairment on other investments	$ 312	$ 312

Investments (Details) - Schedul

Investments (Details) - Schedule of Investments - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Investments [Line Items]
Carrying value of investment	$ 36,873	$ 35,721
Cost of investment	45,725	35,725
Securrency, Inc. Series A convertible preferred stock [Member]
Investments [Line Items]
Carrying value of investment		8,488
Cost of investment	8,112	8,112
Securrency, Inc. Series B convertible preferred stock [Member]
Investments [Line Items]
Carrying value of investment	305	5,500
Cost of investment	5,500	5,500
Securrency convertible secured note [Member]
Investments [Line Items]
Carrying value of investment	12,925
Cost of investment	10,000
Securrency Convertible Note [Member]
Investments [Line Items]
Carrying value of investment	16,190	14,500
Cost of investment	15,000	15,000
Securrency Inc Sub Total [Member]
Investments [Line Items]
Carrying value of investment	29,420	28,488
Cost of investment	38,612	28,612
Fnality International Limited [Member]
Investments [Line Items]
Carrying value of investment	7,453	6,921
Cost of investment	6,863	6,863
Other Investments [Member]
Investments [Line Items]
Carrying value of investment		312
Cost of investment	$ 250	$ 250

Investments (Details) - Sched_2

Investments (Details) - Schedule of Probability Ascribed to Potential Outcomes used in the PWERM - Securrency Secured Convertible Note [Member] - Fair Value, Inputs, Level 3 [Member]	9 Months Ended	12 Months Ended
	Sep. 30, 2023	Dec. 31, 2022
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Conversion of note upon a future financing round	95%	85%
Redemption of note upon a change of control	0%	10%
Default	5%	5%
Time to potential outcome (in years)	0.25	0.25

Fixed Assets, net (Details) - S

Fixed Assets, net (Details) - Schedule of Fixed Assets - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Property, Plant and Equipment [Line Items]
Total	$ 457	$ 544
Equipment [Member]
Property, Plant and Equipment [Line Items]
Equipment	1,058	962
Less: accumulated depreciation	$ (601)	$ (418)

Deferred Consideration - Gold_3

Deferred Consideration - Gold Payments (Details)	May 10, 2023 USD ($) $ / shares shares	Sep. 30, 2023 USD ($) g $ / shares	Dec. 31, 2022 USD ($) $ / shares
Business Acquisition [Line Items]
Preferred stock par value per share (in Dollars per share) | $ / shares		$ 0.01	$ 0.01
Deferred consideration		$ 0	$ 200,290
Series C Redeemable Convertible Preferred Stock [Member]
Business Acquisition [Line Items]
Preferred stock shares issued (in Shares) | shares	13,087
Preferred stock par value per share (in Dollars per share) | $ / shares	$ 0.01
Conversion of stock shares converted (in Shares) | shares	13,087,000
Series C Redeemable Convertible Preferred Stock [Member] | Gold Bullion Holdings [Member]
Business Acquisition [Line Items]
Cash	$ 4,371,000
Series C Redeemable Convertible Preferred Stock [Member] | Rodber Investments Limited [Member]
Business Acquisition [Line Items]
Cash	45,634,000
SPA Agreement [Member]
Business Acquisition [Line Items]
Proceeds from sale of other assets	$ 136,903,000
ETFS Capital [Member]
Business Acquisition [Line Items]
Deferred consideration gold payments (in Grams) | g		9,500
Contractual gold payments [Member]
Business Acquisition [Line Items]
Deferred consideration gold payments (in Grams) | g		6,333

Deferred Consideration - Gold_4

Deferred Consideration - Gold Payments (Details) - Schedule of Valuation of Deferred Consideration $ in Thousands	12 Months Ended
	Dec. 31, 2022 USD ($)
Disclosure Of Valuation Of Deferred Consideration [Line Item]
Discount rate	11%
Perpetual growth rate	1.30%
Minimum [Member]
Disclosure Of Valuation Of Deferred Consideration [Line Item]
Forward Looking Gold Price	$ 1,858
Maximum [Member]
Disclosure Of Valuation Of Deferred Consideration [Line Item]
Forward Looking Gold Price	3,126
Weighted Average [Member]
Disclosure Of Valuation Of Deferred Consideration [Line Item]
Forward Looking Gold Price	$ 2,237

Deferred Consideration - Gold_5

Deferred Consideration - Gold Payments (Details) - Schedule of Deferred Consideration - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Schedule Of Deferred Consideration [Abstract]
Contractual gold payments		$ 4,105	$ 6,069	$ 13,001
Contractual gold payments—gold ounces paid		2,375	3,167	7,125
Gain on revaluation/termination of deferred consideration—gold payments		$ 77,895	$ 61,953	$ 63,188

Convertible Notes (Details)

Convertible Notes (Details) $ / shares in Units, $ in Thousands					3 Months Ended	9 Months Ended
	Feb. 14, 2023 USD ($) $ / shares shares	Jun. 14, 2021 USD ($) $ / shares shares	Aug. 13, 2020 USD ($) $ / shares	Jun. 16, 2020 USD ($) $ / shares	Sep. 30, 2023 USD ($) $ / shares shares	Sep. 30, 2023 USD ($) $ / shares shares	Jun. 15, 2023 USD ($) shares	Dec. 31, 2022 USD ($) shares
Convertible Senior Notes [Line Items]
Principal amount (in Dollars)				$ 150,000	$ 280,000	$ 280,000		$ 325,000
Long-term debt, percentage Bearing fixed interest, percentage rate				4.25%
Loss on extinguishment of debt (in Dollars)						$ (9,721)
Common stock, shares issued (in Shares) | shares					150,335,000	150,335,000		146,517,000
Interest expense on the convertible notes (in Dollars)					$ 3,734	$ 11,199
Accounts Payable and Accrued Liabilities [Member]
Convertible Senior Notes [Line Items]
Interest payable (in Dollars)					2,391	$ 2,391		$ 621
Convertible Senior Notes due 2028 [Member]
Convertible Senior Notes [Line Items]
Principal amount (in Dollars)	$ 130,000
Long-term debt, percentage Bearing fixed interest, percentage rate	5.75%
Convertible Senior Notes due 2026 [Member]
Convertible Senior Notes [Line Items]
Principal amount (in Dollars)		$ 150,000
Long-term debt, percentage Bearing fixed interest, percentage rate		3.25%
Trading days	20	20	20	20
Sale price as a percentage of conversion price	130%	130%	130%	130%
Redemption price equal percentage	100%	100%	100%	100%
Maximum conversion rate						167.7853
Convertible Senior Notes Due Two Thousand And Twenty Three [Member]
Convertible Senior Notes [Line Items]
Principal amount (in Dollars)			$ 25,000		280,000	$ 280,000
Long-term debt, percentage Bearing fixed interest, percentage rate			4.25%
Debt Instrument, Price of Principal			101%
Consecutive trading days	30	30	30	30
Aggregate principal amount, percentage				25%
Interest expense on the convertible notes (in Dollars)					$ 3,461	$ 11,484
Convertible Senior Notes [Member]
Convertible Senior Notes [Line Items]
Conversion price (in Dollars per share) | $ / shares	$ 1,000	$ 1,000	$ 1,000	$ 1,000	$ 1,000	$ 1,000
Trading days	20	20	20	20
Consecutive trading days	30	30	30	30
Sale price as a percentage of conversion price	130%	130%	130%	130%
Measurement days				5 days
Measurement period for determining share price			10 days
Convertible note per lot	1,000	1,000	1,000	1,000
Parentage of sale and conversion price	98%	98%	98%	98%
Redemption price equal percentage	100%	100%	100%	100%
Maximum conversion rate						144.9275
Number of shares issuable upon conversion (in Shares) | shares	43,551,214	43,551,214
Two Thousand And Twenty Notes [Member]
Convertible Senior Notes [Line Items]
Principal amount (in Dollars)					$ 115,000	$ 115,000		175,000
Loss on extinguishment of debt (in Dollars)						9,721
Cash (in Dollars)							$ 59,955
Common stock, shares issued (in Shares) | shares							1,037,288
Fair Value, Inputs, Level 2 [Member] | Convertible Senior Notes Due Two Thousand And Twenty Three [Member]
Convertible Senior Notes [Line Items]
Fair value of the convertible notes (in Dollars)					$ 282,486	$ 282,486		$ 320,513

Convertible Notes (Details) - S

Convertible Notes (Details) - Schedule of Key Terms of Convertible Notes - USD ($) $ / shares in Units, $ in Thousands	9 Months Ended
	Sep. 30, 2023	Dec. 31, 2022
2023 Notes [Member]
Debt Instrument [Line Items]
Principal outstanding (in Dollars)	$ 130,000
Maturity date (unless earlier converted, repurchased or redeemed)	Aug. 15, 2028
Interest rate	5.75%
Conversion price	$ 9.54
Conversion rate (in Shares)	104.8658
Redemption price	$ 12.4
2021 Notes [Member]
Debt Instrument [Line Items]
Principal outstanding (in Dollars)	$ 150,000	$ 150,000
Maturity date (unless earlier converted, repurchased or redeemed)	Jun. 15, 2026
Interest rate	3.25%
Conversion price	$ 11.04
Conversion rate (in Shares)	90.5797
Redemption price	$ 14.35

Convertible Notes (Details) -_2

Convertible Notes (Details) - Schedule of Convertible Notes - USD ($) $ in Thousands		9 Months Ended	12 Months Ended
		Sep. 30, 2023	Dec. 31, 2022	Jun. 16, 2020
Debt Instrument [Line Items]
Principal amount		$ 280,000	$ 325,000	$ 150,000
Plus: Premium			250
Gross proceeds		280,000	325,250
Less: Unamortized issuance costs		(5,486)	(4,034)
Carrying amount		$ 274,514	$ 321,216
Effective interest rate	[1]	4.96%	4.60%
2023 Notes [Member]
Debt Instrument [Line Items]
Principal amount		$ 130,000
Plus: Premium
Gross proceeds		130,000
Less: Unamortized issuance costs		(3,147)
Carrying amount		$ 126,853
Effective interest rate	[1]	6.25%
2021 Notes [Member]
Debt Instrument [Line Items]
Principal amount		$ 150,000	$ 150,000
Plus: Premium
Gross proceeds		150,000	150,000
Less: Unamortized issuance costs		(2,339)	(2,981)
Carrying amount		$ 147,661	$ 147,019
Effective interest rate	[1]	3.83%	3.83%
2020 Notes [Member]
Debt Instrument [Line Items]
Principal amount		$ 115,000	$ 175,000
Plus: Premium			250
Gross proceeds			175,250
Less: Unamortized issuance costs			(1,053)
Carrying amount			$ 174,197
Effective interest rate	[1]		5.26%
[1]Includes amortization of the issuance costs and premium.

Preferred Stock (Details)

Preferred Stock (Details) - USD ($) $ / shares in Units, $ in Thousands	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	May 09, 2023	Dec. 31, 2022	Apr. 10, 2018
Class of Stock [Line Items]
Beneficially own percentage					9.99%
Fair value of this consideration					$ 132,750
Outstanding common stock	4.99%
Beneficial ownership interest	5%
Excess over par value	$ 45
Issuance costs	97
Common Stock Including Additional Paid in Capital [Member]
Class of Stock [Line Items]
Excess over par value	86,801
Issuance costs	97
Series A Preferred Stock [Member]
Class of Stock [Line Items]
Redemption value	$ 105,090			$ 77,969
Series C Preferred Stock [Member]
Class of Stock [Line Items]
Convertible common stock (in Shares)	0
SPA Agreement [Member] | Series C Redeemable Convertible Preferred Stock [Member]
Class of Stock [Line Items]
Fair value of this consideration	$ 86,898
Convertible preferred stock (in Shares)	13,087,000
Convertible common stock (in Shares)	13,087,000
Per share (in Dollars per share)			$ 6.64
Acquisition of Etfs Business [Member] | Preferred Stock [Member] | Series A Preferred Stock [Member]
Class of Stock [Line Items]
Issued shares (in Shares)	14,750
Acquisition of Etfs Business [Member] | Common Stock [Member]
Class of Stock [Line Items]
Convertible common stock (in Shares)	14,750,000
Series of Individually Immaterial Business Acquisitions [Member]
Class of Stock [Line Items]
Common stock per share (in Dollars per share)					$ 9

Preferred Stock (Details) - Sum

Preferred Stock (Details) - Summary of Series A Preferred Stock Balance - Series A Preferred Stock [Member] - USD ($) $ / shares in Units, $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2023	Dec. 31, 2022
Preferred Units [Line Items]
Issuance of Series A Preferred Stock	$ 132,750	$ 132,750
Less: Issuance costs	(181)	(181)
Series A Preferred Stock—carrying value	$ 132,569	$ 132,569
Cash dividends declared per share (quarterly) (in Dollars per share)	$ 0.03	$ 0.03

Leases (Details) - Schedule for

Leases (Details) - Schedule for Summary of Additional Information Related to Operating Lease - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Lease cost
Operating lease cost	$ 324	$ 316	$ 963	$ 648
Short-term lease cost	70	296	191	856
Total lease cost	394	612	1,154	1,504
Other information
Cash paid for amounts included in the measurement of operating liabilities (operating leases)	301	296	955	644
Right-of-use assets obtained in exchange for new operating lease liabilities
Weighted-average remaining lease term (in years)—operating leases	8 months 12 days	1 year 6 months	8 months 12 days	1 year 6 months
Weighted-average discount rate—operating leases	6%	6.30%	6%	6.30%

Leases (Details) - Schedule of

Leases (Details) - Schedule of Future Minimum Lease Payments $ in Thousands	Sep. 30, 2023 USD ($)
Schedule of Future Minimum Lease Payments [Abstract]
Remainder of 2023	$ 328
2024	577
2025 and thereafter
Total future minimum lease payments (undiscounted)	$ 905

Leases (Details) - Schedule o_2

Leases (Details) - Schedule of Reconciliation of Future Minimum Lease Payments to Balance Sheet - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Schedule of Reconciliation of Future Minimum Lease Payments to Balance Sheet [Abstract]
Lease liability—short term	$ 889	$ 1,125
Difference between undiscounted and discounted cash flows	16
Total future minimum lease payments (undiscounted)	$ 905

Contingencies (Details)

Contingencies (Details) € in Thousands, $ in Thousands	1 Months Ended		9 Months Ended
	Jul. 31, 2023 USD ($)	Jul. 31, 2023 EUR (€)	Sep. 30, 2023 USD ($)	Sep. 30, 2023 EUR (€)
Contingencies [Abstract]
Loss contingency acrual	$ 8,891	€ 8,400	$ 16,723	€ 15,200
Amount of Deductible			$ 500

Variable Interest Entities (Det

Variable Interest Entities (Details) - Schedule of Information about Variable Interests - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Carrying Amount—Assets (Securrency):
Total assets	$ 951,824	$ 1,033,819
Equity Method Investment, Nonconsolidated Investee or Group of Investees [Member]
Carrying Amount—Assets (Securrency):
Total assets	29,420	28,488
Other Investments [Member]
Carrying Amount—Assets (Securrency):
Preferred stock—Securrency Series A Shares		312
Variable Interest Entity, Not Primary Beneficiary [Member]
Carrying Amount—Assets (Fnality):
Maximum exposure to loss	36,873	35,721
Variable Interest Entity, Not Primary Beneficiary [Member] | Other Investments [Member]
Carrying Amount—Assets (Securrency):
Total assets	36,873	35,721
Securrency Inc [Member]
Carrying Amount—Assets (Securrency):
Preferred stock—Securrency Series A Shares		8,488
Preferred stock—Securrency Series B Shares	305	5,500
Secured convertible note	12,925
Convertible note	16,190	14,500
Fnality International Limited [Member]
Carrying Amount—Assets (Fnality):
Equity Method Investments	$ 7,453	$ 6,921

Revenues from Contracts with _3

Revenues from Contracts with Customers (Details) - Schedule of Revenues from Contracts with Customers - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Schedule of Revenues from Contracts with Customers [Line Items]
Total operating revenues	$ 90,423	$ 72,414	$ 258,191	$ 228,035
Advisory fees [Member]
Schedule of Revenues from Contracts with Customers [Line Items]
Total operating revenues	86,598	70,616	246,239	222,719
Other [Member]
Schedule of Revenues from Contracts with Customers [Line Items]
Total operating revenues	$ 3,825	$ 1,798	$ 11,952	$ 5,316

Revenues from Contracts with _4

Revenues from Contracts with Customers (Details) - Schedule of Geographic Distribution of Revenues - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Revenues from contracts with customers:
Revenues	$ 90,423	$ 72,414	$ 258,191	$ 228,035
United States
Revenues from contracts with customers:
Revenues	57,988	45,263	160,477	137,299
Jersey
Revenues from contracts with customers:
Revenues	28,196	23,702	86,407	80,111
Ireland
Revenues from contracts with customers:
Revenues	$ 4,239	$ 3,449	$ 11,307	$ 10,625

Related Party Transactions (Det

Related Party Transactions (Details) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
	May 10, 2023	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022
Related Party Transaction [Line Items]
Net gains (losses) related to certain WisdomTree ETFs		$ (591)	$ (489)	$ 250	$ (1,608)
Payment made for contractual obligation	$ 45,634
WisdomTree Products [Member]
Related Party Transaction [Line Items]
Investments		54,259		54,259		$ 25,283
WisdomTree Products [Member] | Affiliated Blockchain Enabled Funds [Member]
Related Party Transaction [Line Items]
Investments		$ 12,149		$ 12,149		$ 1,765

Related Party Transactions (D_2

Related Party Transactions (Details) - Schedule of Accounts Receivable from Related Parties - Related Party [Member] - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Related Party Transaction [Line Items]
Accounts receivable from related parties	$ 32,315	$ 24,139
WisdomTree Trust [Member]
Related Party Transaction [Line Items]
Accounts receivable from related parties	19,123	16,399
Manjer Issuers [Member]
Related Party Transaction [Line Items]
Accounts receivable from related parties	9,024	4,485
Wisdomtree Multi Asset Issuer plc And Wisdomtree issuer icav [Member]
Related Party Transaction [Line Items]
Accounts receivable from related parties	$ 4,168	$ 3,255

Related Party Transactions (D_3

Related Party Transactions (Details) - Schedule of Revenues from Advisory Services Provided to Related Parties - Advisory Services [Member] - Related Party [Member] - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Related Party Transaction [Line Items]
Revenues from advisory services	$ 86,598	$ 70,616	$ 246,239	$ 222,719
WisdomTree Trust [Member]
Related Party Transaction [Line Items]
Revenues from advisory services	57,656	45,112	159,595	136,852
Manjer Issuers [Member]
Related Party Transaction [Line Items]
Revenues from advisory services	24,703	22,055	75,337	75,242
Wisdomtree Multi Asset Issuer plc And Wisdomtree issuer icav [Member]
Related Party Transaction [Line Items]
Revenues from advisory services	$ 4,239	$ 3,449	$ 11,307	$ 10,625

Stock-Based Awards (Details)

Stock-Based Awards (Details) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
	Jul. 15, 2022	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Common stock issued (in Shares)	16,000,000
Stock option issuance period				10 years
Year of service				1 year
Stock-based compensation expense (in Dollars)		$ 3,916	$ 2,454	$ 12,422	$ 7,822
Performance Based Restricted Stock Unit [Member] | Minimum [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Shares granted and outstanding, vesting percentage				0%
Performance Based Restricted Stock Unit [Member] | Maximum [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Shares granted and outstanding, vesting percentage				200%
Below Twenty Fifth Percentile [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Shares granted and outstanding, vesting percentage				0%
At Twenty Fifth Percentile [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Shares granted and outstanding, vesting percentage				50%
At Fifty Percentile [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Shares granted and outstanding, vesting percentage				100%
At 85th Percentile For Grants Made In 2021 [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Shares granted and outstanding, vesting percentage				200%
Vesting Capped If TsrIs Negative [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Shares granted and outstanding, vesting percentage				100%
Restricted Stock Units (RSUs) [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Deferred RSUs that have vested (in Shares)		77,774

Stock-Based Awards (Details) -

Stock-Based Awards (Details) - Summary of Unrecognized Stock-Based Compensation Expense and Average Remaining Vesting Period - Employees And Directors [Member] $ in Thousands	9 Months Ended
	Sep. 30, 2023 USD ($)
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Unrecognized Stock-Based Compensation	$ 23,197
Weighted-Average Remaining Vesting Period (Years)	1 year 2 months 1 day

Stock-Based Awards (Details) _2

Stock-Based Awards (Details) - Summary of Restricted Stock Activity	3 Months Ended
	Sep. 30, 2023 shares
RSA [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Beginning Balance	5,099,128
Ending Balance	5,041,014
Granted	11,828
Vested	(55,320)
Forfeited	(14,622)
Stock dividends
RSU [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Beginning Balance	227,634
Ending Balance	229,747	[1]
Granted
Forfeited
Stock dividends	2,113
PRSU [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Beginning Balance	1,136,315
Ending Balance	1,168,512
Granted
Vested
Forfeited
Stock dividends	32,197
[1]Includes 77,774 deferred RSUs that have vested.

Stockholder Rights Plan (Detail

Stockholder Rights Plan (Details) - $ / shares		9 Months Ended
	Mar. 17, 2023	Sep. 30, 2023	Dec. 31, 2022
Disclosure Of Stockholder Rights Plan [Line Items]
Number of preferred stock purchase right issued for outstanding stock (in Shares)	1,000
Common stock, par or stated value per share (in Dollars per share)		$ 0.01	$ 0.01
Preferred stock, par or stated value per share (in Dollars per share)		$ 0.01	$ 0.01
Percentage of assets sold		50%
Stockholder Right Agreement [Member]
Disclosure Of Stockholder Rights Plan [Line Items]
Number of preferred stock purchase right issued for outstanding stock (in Shares)	1,000,000
Number of shares issued per unit (in Shares)	1
Exercise price per unit (in Dollars per share)	$ 32
Percentage of common stock acquired		20%
Stockholder Right Agreement [Member] | Common Stock [Member]
Disclosure Of Stockholder Rights Plan [Line Items]
Common stock, par or stated value per share (in Dollars per share)	0.01	$ 0.01
Stockholder Right Agreement [Member] | Minimum [Member]
Disclosure Of Stockholder Rights Plan [Line Items]
Percentage of beneficial equity interest acquired on rights issued		10%
Percentage of beneficial interest acquired on rights issued		10%
Percentage of beneficial ownership		10%
Stockholder Right Agreement [Member] | Maximum [Member]
Disclosure Of Stockholder Rights Plan [Line Items]
Percentage of equity interest acquired with affiliates and joint ventures		20%
Percentage of beneficial interest acquired on rights issued		20%
Percentage of beneficial ownership		20%
Stockholder Right Agreement [Member] | Series A Non Voting Convertible Preferred Stock [Member]
Disclosure Of Stockholder Rights Plan [Line Items]
Preferred stock, par or stated value per share (in Dollars per share)	$ 0.01

Earnings Per Share (Details)

Earnings Per Share (Details) - shares	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Earnings Per Share [Abstract]
Anti-dilutive non-participating common stock equivalents excluded from the calculation of diluted earnings per share	483	410
Potential common shares associated with the conversion option embedded in the convertible notes	627,000

Earnings Per Share (Details) -

Earnings Per Share (Details) - Schedule of Reconciliation of Basic and Diluted Earnings Per Share - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Earnings Per Share [Abstract]
Net income	$ 12,984	$ 81,229	$ 83,469	$ 78,973
Less: Income distributed to participating securities	(889)	(546)	(1,884)	(1,644)
Less: Undistributed income allocable to participating securities	(1,309)	(8,583)	(9,619)	(7,268)
Net income available to common stockholders—Basic EPS	10,786	72,100	71,966	70,061
Add back: Undistributed income allocable to participating securities	1,309	8,583	9,619	7,268
Less: Reallocation of undistributed income allocable to participating securities considered potentially dilutive	$ (1,286)	$ (8,568)	$ (9,446)	$ (7,257)
Weighted average common shares (in Shares)	145,284	143,120	144,505	142,984
Dilutive effect of common stock equivalents, excluding participating securities (in Shares)	3,148	287	3,067	261
Weighted average diluted shares, excluding participating securities (in thousands) (in Shares)	148,432	143,407	147,572	143,245
Diluted earnings per share (in Dollars per share)	$ 0.07	$ 0.5	$ 0.49	$ 0.49
Basic earnings per share (in Dollars per share)	$ 0.07	$ 0.5	$ 0.5	$ 0.49
Net income available to common stockholders	$ 10,786	$ 72,100	$ 71,966	$ 70,061
Net income available to common stockholders—Diluted EPS	$ 10,809	$ 72,115	$ 72,139	$ 70,072

Earnings Per Share (Details) _2

Earnings Per Share (Details) - Schedule of Weighted Average Number of Shares - shares shares in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Earnings Per Share [Line Items]
Weighted average diluted shares as disclosed on the Consolidated Statements of Operations	177,140	158,953	169,997	158,741
Less: Participating securities:
Potentially dilutive restricted stock awards	(871)	(796)	(772)	(746)
Weighted average diluted shares used to calculate diluted earnings per share as disclosed in the table above	148,432	143,407	147,572	143,245
Series A Preferred Stock [Member]
Less: Participating securities:
Weighted average shares of common stock issuable upon conversion of the Series Preferred Stock (Note 11)	(14,750)	(14,750)	(14,750)	(14,750)
Series C Preferred Stock [Member]
Less: Participating securities:
Weighted average shares of common stock issuable upon conversion of the Series Preferred Stock (Note 11)	(13,087)		(6,903)

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022
Schedule Of Income Tax [Line Items]
Income tax rate, percentage	31%	3.90%	11.40%	15.70%
Income tax expense	$ 5,836	$ 3,327	$ 10,774	$ (10,713)
Federal statutory tax rate, percentage	21%	21%	21%	21%
Capital losses	$ 19,083		$ 19,083		$ 17,541
Tax of carried forward			1,482
Deferred tax liabilities undistributed earnings of foreign subsidaries	203		203		$ 205
Unrecognized Tax Benefits Including Interest And Penalties [Member]
Schedule Of Income Tax [Line Items]
Unrecognized tax benefits	$ 1,353	$ 19,897	$ 1,353	$ 19,897

Income Taxes (Details) - Schedu

Income Taxes (Details) - Schedule of Components of the Company’s Deferred Tax Assets - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Deferred tax assets:
Capital losses	$ 19,083	$ 17,541
Accrued expenses	4,447	6,030
Unrealized losses	4,303	3,821
Stock-based compensation	1,849	1,526
NOLs—Foreign	1,482	1,609
Goodwill and intangible assets	943	1,085
Interest carryforwards	455
Foreign currency translation adjustment	435	173
Operating lease liabilities	151	313
NOLs—U.S.	127	255
Outside basis differences	122	122
Other	382	341
Total deferred tax assets	33,779	32,816
Deferred tax liabilities:
Fixed assets and prepaid assets	409	278
Unremitted earnings—European subsidiaries	203	205
Right of use assets—operating leases	151	313
Total deferred tax liabilities:	763	796
Total deferred tax assets less deferred tax liabilities	33,016	32,020
Less: Valuation allowance	(23,508)	(21,484)
Deferred tax assets, net	$ 9,508	$ 10,536

Shares Repurchased (Details)

Shares Repurchased (Details) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
	Feb. 22, 2022	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Class of Stock [Line Items]
Repurchased common stock value		$ 30	$ 24	$ 3,570	$ 3,418
Three Year Share Repurchase Program [Member]
Class of Stock [Line Items]
Stock repurchase program period in force	3 years
Stock repurchase program period in force date	Apr. 27, 2025
Shares repurchased during period shares (in Shares)		4,566	4,567	635,653	593,261
Dollar amount remaining available for future share repurchases		$ 96,406		$ 96,406
Minimum [Member] | Three Year Share Repurchase Program [Member]
Class of Stock [Line Items]
Common stock purchase authorized amount	$ 85,709
Maximum [Member]
Class of Stock [Line Items]
Common stock purchase authorized amount	$ 100,000

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets (Details) - USD ($) $ in Thousands		3 Months Ended	9 Months Ended
	Apr. 11, 2023	Sep. 30, 2023	Sep. 30, 2023	Dec. 31, 2022	Apr. 11, 2018
Goodwill [Line Items]
Goodwill		$ 86,841	$ 86,841	$ 85,856
Intangible assets, net		$ 604,781	$ 604,781	$ 603,567
Software Development [Member]
Goodwill [Line Items]
Finite-Lived Intangible Asset, Useful Life		3 years	3 years
Amortization of goodwill and intangible assets		$ 249	$ 355
Finite lived intangible assets remaining useful lives		2 years 8 months 12 days	2 years 8 months 12 days
Securrency [Member]
Goodwill [Line Items]
Percentage of equity interest Acquired	100%
Aggregate purchase price	$ 985
Goodwill		$ 86,841	$ 86,841
Goodwill not deductible for tax purposes		$ 85,042	$ 85,042
Series of Individually Immaterial Business Acquisitions [Member]
Goodwill [Line Items]
Acquisition completion date			Apr. 11, 2018
Acquisition of Etfs Business [Member]
Goodwill [Line Items]
Intangible assets, net					$ 601,247

Goodwill and Intangible Asset_3

Goodwill and Intangible Assets (Details) - Schedule of Goodwill - Reportable Subsegments [Member] $ in Thousands	9 Months Ended
	Sep. 30, 2023 USD ($)
Goodwill [Line Items]
Beginning balance	$ 85,856
Ending balance	86,841
Changes	$ 985	[1]
[1]On April 11, 2023, the Company acquired 100% of the equity interests of Securrency Transfers, Inc. (renamed WisdomTree Transfers, Inc.) for an aggregate purchase price of $985 (net of cash acquired). The acquisition has been accounted for under the acquisition method of accounting in accordance with ASC Topic 805, Business Combinations

Goodwill and Intangible Asset_4

Goodwill and Intangible Assets (Details) - Schedule of Intangible Assets - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Goodwill [Line Items]
Gross Asset	$ 605,186	$ 603,617
Accumulated Amortization	(405)	(50)
Net Asset	604,781	603,567
ETFS acquisition [Member]
Goodwill [Line Items]
Gross Asset	601,247	601,247
Accumulated Amortization
Net Asset	601,247	601,247
Software development [Member]
Goodwill [Line Items]
Gross Asset	3,939	2,370
Accumulated Amortization	(405)	(50)
Net Asset	$ 3,534	$ 2,320

Goodwill and Intangible Asset_5

Goodwill and Intangible Assets (Details) - Schedule of Unamortized Finite-Lived Intangible Assets $ in Thousands	Sep. 30, 2023 USD ($)
Schedule Of Finite Lived Intangible Assets Future Amortization Expense [Line Items]
Remainder of 2023	$ 300
2024	1,265
2025	1,262
2026	656
2027	51
2028 and thereafter
Total expected amortization expense	$ 3,534

Contingent Payments (Details)

Contingent Payments (Details) - Wisdomtree Asset Management Canada Inc [Member] $ in Thousands, $ in Thousands			3 Months Ended	9 Months Ended
	Feb. 19, 2020 USD ($)	Feb. 19, 2020 CAD ($)	Sep. 30, 2023 USD ($)	Sep. 30, 2023 USD ($)	Feb. 19, 2020 CAD ($)
Contingent Payments [Line Items]
Cash received at closing	$ 2,774	$ 3,720
Gain on contingent payment			$ 0	$ 1,477
Maximum [Member]
Contingent Payments [Line Items]
Additional cash consideration	2,360				$ 3,000
Minimum [Member]
Contingent Payments [Line Items]
Additional cash consideration	$ 1,477				$ 2,000