Deep Tide TechFlow News, on December 29, according to @BTCTN, Bitwise (one of the largest asset management companies in the U.S.) is creating a Bitcoin Standard ETF, allowing investors to invest in publicly traded companies that support Bitcoin. This tool, named Bitwise Bitcoin Standard Corporations ETF, will hold shares of companies that own over 1000 BTC, aiming to provide a convenient investment method for those who want exposure to Bitcoin-related investments without buying individual stocks.
This morning, Nate Geraci, the president of ETF Store, disclosed this news for the first time on X. He stated that the trend of publicly traded companies using Bitcoin as a reserve asset is on the rise, with major holders such as Microstrategy, Tesla, and several Bitcoin mining companies likely to be included in this ETF.