#BitwiseBitcoinETF
Recently, Bitwise Asset Management proposed a new ETF called the "Bitwise Bitcoin Standard Corporations ETF." It’s designed to invest in companies holding at least 1,000 Bitcoin in their treasuries, giving investors indirect exposure to Bitcoin. The ETF will allocate at least 80% of its assets to these companies, with quarterly rebalancing to ensure accuracy. Companies like MicroStrategy, which holds over 444,000 BTC, are prime examples of potential inclusions. The ETF is still awaiting SEC approval, but if greenlit, it could drive corporate adoption of Bitcoin and offer a new way for investors to gain exposure to Bitcoin without owning it directly.