🚀 Exciting times for Bitcoin enthusiasts! Bitwise has unveiled a groundbreaking ETF proposal, the Bitcoin Standard Corporations ETF, targeting companies holding at least 1,000 BTC in their treasuries. This innovative fund will focus on firms with a market cap of $100 million+, ensuring liquidity and transparency.
📊 Unlike traditional ETFs, this one will weigh stocks based on Bitcoin holdings, not market cap, with a 25% cap per company. As Bitcoin prices soar, up 126% in the past year, interest in such investment products is skyrocketing.
🌍 With 30+ companies meeting the criteria, including giants like MicroStrategy and Tesla, Bitcoin's corporate adoption is on the rise. Bitwise's CEO predicts 2025 as a pivotal year for Bitcoin integration.