BITB launched by Bitwise Asset Management was listed on NYSE and value calculated using the CME CF Bitcoin reference rate has recently proposed an Exchange Traded Fund (ETF)
Recently, the fund submitted an application to the U.S Securities and Exchange Commission (SEC) for a "Bitcoin Standard" Company ETF to provide exposure to companies with the following conditions to adopt the standard.
a. $1,000 BTC value b. $100 million market caputalization c. Daily Liquidity of $1,000,000 d. Keep private 10% of their stock
Example,
MicroStrategy owns 444,262 BTC, would dominate the fund, even though Tesla, with its 9,720 BTC, has a much larger market cap. To ensure balance, no single holding can exceed 25% of the ETF.
There are several ways to earn on crypto either active (trading, etc) or passive (airdrops, etc).
The following are ways to earn crypto on Binance:
a. Airdrops (Megadrop) This method includes HODL crypto in a pool e.g Megadrop to receive special airdrops. This method boost your crypto holdings through campaigns offer crypto rewards for completing tasks e.g HODL crypto. This involves: - Locking BNB - Completing Web3quests - Earn Reward
https://s.binance.com/P240wX1J
b. Binance i. Earn This method involves activities such as staking, liquidity farm, savings, etc to earn interest on one’s savings. Using one’s crypto savings, one can earn interest by saving in either a flexible or fixed term investment.
ii. Square - Learn and Earn This method involves learning the features of crypto by educating oneself using educational programs and earn during the activity period. By engaging in educational crypto programs e.g reading articles, videos, quizzes, etc one can learn about Cryptocurrency and blockchains technology.
iii. Launchpool This method involves staking ones crypto i.e BNB or supporting crypto for a period during the activity to earn interests or special crypto.
iv. Write2Earn This method involves writing educational facts/posts, tutorials etc on Binance Square to engage his/her audience while earning crypto. This engagement could be likes, reports, comments etc while they could also earn crypto.
v. Referral This method involves inviting non Binance users to register on the platform using one’s Binance referral link. A Binance user can earn interests or crypto by the number of invited users via referral links.
vi. Social Media This method involves posting educations activities, tutorials, promotions etc on social media to engage his/her followers while earning interest or crypto.
All these various ways offer simple ways to earn crypto in 2024.