#BitwiseBitcoinETF
According to Finbold, #Bitwise has filed with #SEC to launch a "Bitwise Bitcoin Standard Corporations ETF" targeting companies with significant holdings #Bitcoin .
The ETF intends to invest in firms with a market capitalization of more than $100 million and at least 1,000 BTC in their coffers. The move could further integrate Bitcoin into corporate finance, following the examples set by companies like MicroStrategy and Tesla.
As of December 27, 2024, 21 global companies, including 13 in the US, meet the ETF criteria. The initiative aims to provide indirect access to Bitcoin to Wall Street, potentially changing corporate finance strategies.