Wave of Bitcoin ETF Applications

The SEC has also received many new applications for Bitcoin-related ETFs. Nate Geraci, president of ETF Store, noted that four applications have emerged in the last 48 hours.$BTC $ETH $SOL

REX Shares has proposed a Bitcoin Corporate Treasury Convertible Bond ETF, which targets bonds of companies holding Bitcoin in their treasury. Strive Asset Management plans to launch a fund that invests in the bonds of companies like MicroStrategy.

Bitwise has also joined the trend with its Bitcoin Standard Corporations ETF. It invests in companies that hold Bitcoin as part of their financial reserves. Rounding out the list is ProShares, which plans to combine traditional stock indices and gold with cryptocurrency exposure through Bitcoin futures.

"Essentially, this is a long position in the underlying stocks or gold and a short $/long Bitcoin position using Bitcoin futures. I call this Bitcoin-hedged ETFs," Geraci said.

The growing number of applications underscores investor confidence in cryptocurrency as an asset class. Experts believe that 2025 could be a turning point when institutional capital starts to flow into innovative funds. #BtcNewHolder #BTCETF #CryptoNewss