The encrypted bull market of #加密ETF申请热潮涌现 is not only marked by the surge of ETF application enthusiasm, but various companies are also creating multiple products for ETFs, and institutions are more eager than the public!
Bitwise will launch a Bitcoin Standard ETF, aiming to hold shares of companies with significant Bitcoin holdings.
The launching ETF will not consider the market capitalization of the companies but will allocate stock weights based on the value of the companies' Bitcoin reserves. To maintain balanced weights, it will be limited to 25%.
ETF inclusion standards:
1. Must hold at least 1000 BTC
2. Market capitalization of 100 million USD
3. Daily liquidity of 1 million USD
4. Public circulation less than 10%