#BitwiseBitcoinETF

Bitwise has filed with the SEC to create a Bitcoin Standard Corporations EFT.

This fund will invest in shares of companies that have switched to the so-called "bitcoin standard." These are securities of those firms that keep 1,000 BTC or more in their corporate treasuries.

The fund (Bitwise Standard Corporations EFT) will distribute funds between companies depending on the value of their bitcoin reserves, not market capitalization.