š More Than 20 Companies Vie for Inclusion in Bitwise Bitcoin Standard ETF š
According to Odaily, HODL15 Capital reports that over 20 companies are in contention for inclusion in the highly anticipated Bitwise Bitcoin Standard Corporations ETF. š
Key Highlights:
Focus on Bitcoin Adoption: š¼ The ETF seeks to invest in companies that have adopted the Bitcoin standard, meaning they hold at least 1,000 BTC in their reserves.
Mining Companies Dominate: āļø Approximately 30% of the potential candidates are Bitcoin mining firms.
SEC Approval Pending:
š Bitwise has submitted an application to the U.S. Securities and Exchange Commission (SEC) for the ETF.
This ETF could provide investors with a unique avenue to gain exposure to the Bitcoin market through a more traditional investment vehicle.
Disclaimer:
ā ļø This is for informational purposes only and does not constitute financial advice.
