🇺🇸 @BitwiseInvest, a leading crypto ETF manager, is creating a bitcoin standard ETF to enable investment in public companies that support Bitcoin. The ETF will track firms holding at least 1,000 BTC in their treasuries, simplifying investment for those looking to gain exposure without buying individual stocks.

@NateGeraci from the ETF Store noted the growing trend of public companies adopting Bitcoin as a reserve asset. Major holders like Microstrategy, Tesla, and several Bitcoin miners could be included. Bitwise joins others, like Strive, in seeking approval for similar investment options amid rising interest in Bitcoin. 💰