Bitwise has filed to launch a new ETF focused on companies with substantial Bitcoin holdings. The Bitwise Bitcoin Standard Corporations ETF will target firms holding at least 1,000 BTC and meeting specific market cap and liquidity criteria. Unlike traditional ETFs, this fund will weigh stocks based on Bitcoin treasury value, capped at 25%. This means MicroStrategy, with its massive Bitcoin stash, could outweigh larger market cap companies like Tesla. The move aligns with a trend of firms buying Bitcoin to boost stock prices, as Bitcoin's value surged 117% this year.
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