#BitwiseBitcoinETF Bitwise has filed for a new ETF, called the Bitcoin Standard Corporations ETF, which will invest in companies that hold significant amounts of Bitcoin. To be eligible, companies must have at least 1,000 BTC in their reserves, a minimum market capitalization of $100 million, and an average daily trading volume of $1 million. Additionally, at least 10% of their shares must be publicly available .

This ETF will track companies that have adopted the "Bitcoin standard" and will provide investors with exposure to firms that have significant Bitcoin reserves. The weight of each company in the fund will be based on the amount of Bitcoin they hold, with a cap of 25% .

Some of the companies that could be included in the ETF are MicroStrategy, Tesla, Block Inc., and Coinbase Global Inc. These companies have all invested heavily in Bitcoin and have it as a significant part of their financial strategy .

The filing of this ETF is a sign of the growing interest in Bitcoin and its increasing integration into the business world. It will provide investors with a new way to gain exposure to Bitcoin and companies that are invested in it #XmasCryptoMiracles #MarketRebound