Strive, a US asset manager, has filed for a bitcoin bond exchange-traded fund (ETF). The ETF will focus on debt instruments like convertible bonds from companies like MicroStrategy. The ETF, called the Strive Bitcoin Bond ETF, will invest at least 80% of its assets in bitcoin debt and related derivatives, including swaps and options. It may also hold cash positions in short-term U.S. Treasurys. Additionally, the ETF can invest in other bitcoin-focused investment vehicles. The ETF will offer exposure to bitcoin mining companies, directly or indirectly, through financial derivatives such as swaps and options. Fees and other details of the ETF have not yet been disclosed.

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