**Bitcoin Standard Corporations ETF Development 🚀**
- Leading ETF issuer Bitwise has proposed a new Bitcoin Standard Corporations ETF that will invest in companies that hold at least 1,000 BTC in their treasuries.
- The fund will be weighted according to the market value of the companies’ Bitcoin holdings, with each component given a maximum weight of 25%.
- The initiative comes amid growing interest in Bitcoin investment products. 📈
- Companies like MicroStrategy, Marathon Digital, and Tesla are among the 30 firms that meet this criteria.