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Price: Is BitStamp Building Exchange on XRP Ledger?
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#BitwiseBitcoinETF #BitwiseBitcoinETF Bitwise To Launch New ETF That Tracks Bitcoin-Rich Firms KEY TAKEAWAYS Bitwise has filed for a Bitcoin Corporations ETF targeting public companies with Bitcoin reserves. Eligible companies must hold at least 1,000 BTC in corporate treasury and meet specific market criteria. Over 30 public companies globally qualify, with leaders like MicroStrategy at the forefront. Bitwise New ETF to Track Companies With 1000 BTC According to the filing, companies eligible for inclusion must meet stringent benchmarks, including: Holding a minimum of 1,000 BTC in corporate treasury. A market capitalization of at least $100 million. Daily trading liquidity of $1 million or more. Less than 10% privately held stock. Bitwise plans to update its index quarterly using public corporate reports, assigning company weights based on their Bitcoin holdings. Single constituents will be capped at a maximum of 25%, ensuring balanced exposure. At least 30 companies worldwide currently meet these criteria. MicroStrategy, a vocal proponent of the Bitcoin standard, leads with a staggering 444,262 BTC. Others in the top tier include mining giants MARA, Riot, and Hut 8. These firms are predominantly based in the United States, Canada, and Asia, with countries like Japan, Hong Kong, and Thailand emerging as notable contributors.
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