On May 15, 2023, ETFS Capital Limited commented on the WisdomTree board of director's latest distraction tactics and desperate smears against its largest stockholder contained in a letter to stockholders on May 12, 2023. ETFS Capital expressed that the Company Board and Management have failed to execute on massive market opportunity in ETFs and the Company's entrenched Board has resorted to desperate smears of its largest stockholder. In addition, ETFS Capital urged the Company stockholders to vote for all 3 ETFS capital nominees on its proxy card.