Bitwise, a prominent ETF issuer, has just proposed a new product called the Bitcoin Standard Corporations ETF. This fund will invest in publicly listed companies that hold at least 1,000 BTC in their treasury.
- The ETF focuses on companies with a market capitalization of at least 100 million USD, daily trading liquidity of at least 1 million USD, and less than 10% private ownership.
- The weighting will be based on the market value of BTC held by each company, with a maximum of 25% for each component.
Currently, there are at least 30 companies that meet this criteria, including MicroStrategy, Marathon Digital, and Tesla. Bitwise CEO, Hunter Horsley, predicts that 2025 will be a breakthrough year for Bitcoin adoption. 🚀