**News Flash: Strive Seeks Approval for Bitcoin Bond ETF**

Strive, an asset manager founded by Vivek Ramaswamy, has filed with U.S. regulators to list an ETF focused on convertible bonds from Bitcoin-investing firms like MicroStrategy. The proposed Strive Bitcoin Bond ETF aims to provide exposure to "Bitcoin Bonds," which are convertible securities from companies investing heavily in Bitcoin.

MicroStrategy, a pioneer in this strategy, has invested $27 billion in Bitcoin since 2020, boosting its stock by over 2,200%. Other firms have followed suit, with corporate treasuries now holding around $56 billion in BTC.