Dec 27, 09:41 AM

Bitwise Files for $5 Billion Bitcoin Standard Corporations ETF Targeting Companies Holding 1,000 BTC with Minimum Market Cap of $100 Million

Bitwise Asset Management has filed with the SEC to launch a Bitcoin Standard Corporations ETF, which aims to provide exposure to publicly traded companies that hold at least 1,000 Bitcoin in their corporate treasuries. The ETF will impose a cap of 25% on the weighting of any individual company during quarterly rebalancing. To qualify for inclusion in the ETF, companies must also meet a minimum market capitalization requirement of $100 million. This initiative reflects a growing trend among firms adopting a 'Bitcoin standard' as part of their treasury management strategies, signaling an increasing institutional interest in Bitcoin as a financial asset.

#Bitwise Asset Management #SEC #Bitcoin Standard Corporations #Bitcoin

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