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The Bitwise Bitcoin Standard is a proposed exchange-traded fund (ETF) that aims to invest in publicly traded companies that hold significant amounts of Bitcoin reserves. Bitwise filed for the ETF with the U.S. SEC on December 26, 2024. The fund seeks to track the performance of a basket of companies that have adopted a "Bitcoin standard" by holding at least 1,000 Bitcoin in their corporate treasuries. The Bitwise Bitcoin Standard ETF offers a way for investors to participate in the growing trend of companies adopting Bitcoin as a reserve asset. The ETF is expected to be listed on a major U.S. exchange though the exact timing of the launch is still uncertain. The SEC approval process can take several months. The Bitwise Bitcoin Standard ETF is a potential game-changer for Bitcoin investors. It will onboard more investors to Crypto Space which will add fuel to Bullish Season in 2025. $BTC can pump again and reach another ATH. #BitwiseBitcoinETF
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Bitwise Investment is an investment management firm specialized in Cryptocurrency investments. They offer ranges of Crypto index funds and other financial products. Bitwise Investment manages over one billion dollars in assets. It has been a leader in Crypto Investment space since 2017 and has a strong record of managing assets. The Bitwise Bitcoin ETF was launched in January 2024 and trades on the New York Stock Exchange (NYSE). It is one of the first ETFs to be listed on a major US exchange. Bitwise Bitcoin ETF offers some advantages to TradFi investors over directly investing in Bitcoin such as Regulation, Diversification, Liquidity and Professional Management. It is a good option for people who do not know about Blockchain and Cryptocurrency to invest in the space, without worrying about technology and regulation. More and more investors with involve in Crypto Investment because of ETFs, and they will bring additional capital into the market. If it can attract the investors successfully, $BTC will again see the ATH in the near future, 2025. #BitwiseBitcoinETF
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Bitcoin will continue to be a legal tender in El Salvador. I believe there will be more countries that choose Bitcoin $BTC as Legal Currency and Reserve currency for Long Term investment, in 2025. #BTCNextMove #ElSalvadorBTCReserve #Write2Earn
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