The news comes after another major announcement about exchange-traded funds. Asset management firm Bitwise launched the Bitcoin Standard Company ETF on Thursday, December 26. Companies that integrate Bitcoin into their corporate finance strategy will be the primary focus of the fund, which will invest in assets tied to their cash reserves.
Like the REX ETF, this fund will have a minimum investment of 80%. A minimum of 1,000 Bitcoin is required for companies to qualify for inclusion in the index. The list of eligible businesses includes well-known brands including Meta Planet, Similar Scientific, MicroStrategy, Tesla, and Marathon Digital.
Bitwise’s new ETF continues their mission to provide investment options focused on the widespread acceptance of Bitcoin by major corporations. This investment vehicle will follow Treasury’s embrace of Bitcoin and use assets from market leaders to achieve its goals.
Potential changes in investment patterns within the cryptocurrency market and broader financial markets could point to a growing tendency to integrate Bitcoin into corporate financial strategy, as evidenced by all three filings.
