News View Non-AMP

Bitwise Launches ETF Focused on Bitcoin-Heavy Companies

Published by
Vijay Gir

Bitwise has proposed an Exchange-Traded Fund (ETF) that shines a spotlight on companies holding massive Bitcoin reserves. However, this is more than it might seem.

It’s a bold attempt to offer investors a way to capitalize on the “Bitcoin standard”—a concept that’s gaining traction among some of the world’s most forward-thinking firms.

What sets this ETF apart? And why are companies betting big on Bitcoin? Let’s break it all down.

How This ETF Stands Out

The proposed fund, called the Bitwise Bitcoin Standard Corporations ETF, isn’t your typical ETF. Companies must meet strict requirements to be included:

  • Hold at least 1,000 Bitcoin in reserves.
  • Have a market capitalization of at least $100 million.
  • Ensure daily liquidity of $1 million.
  • Keep less than 10% of their stock privately held.
Source : SEC Edgar

Unlike most ETFs that weigh companies by their market size, this fund focuses on the value of their Bitcoin holdings. For example, MicroStrategy, which 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.

Why Are Companies Buying Bitcoin?

For many companies, investing in Bitcoin has proven to be a winning strategy. Take KULR Technology Group, for instance. The company recently purchased 217.18 BTC for $21 million. This move caused its stock price to rise by 40%, showing how Bitcoin adoption can drive investor interest.

Bitcoin itself has had a stellar year, climbing 117% and reaching an all-time high of $108,000 in December. It’s currently trading around $95,800, highlighting its resilience and growing appeal.

What’s at Stake for Investors?

Bitwise isn’t alone in this race. Strive Asset Management, founded by Vivek Ramaswamy, has filed for an ETF focused on Bitcoin bonds. The competition between these ETFs could shape how investors engage with the growing crypto market.

For those betting on Bitcoin’s adoption, these ETFs offer a fresh way to invest in the cryptocurrency’s future. However, as with any crypto-related investment, the potential comes with a level of uncertainty.

With ETFs like these, Bitcoin’s influence is seeping further into traditional finance. What a move!

Vijay Gir

Vijay Gir is a Certified Blockchain Expert with over 8 years of experience in the blockchain industry. He has a deep passion for sharing his knowledge of blockchain, cryptocurrency, and web3 technologies. For the past 7 years, Vijay has been dedicated to writing about these transformative topics, helping others stay informed and understand the evolving landscape of decentralized technologies.

Recent Posts

M2 Money Supply vs. Global Liquidity: Don’t Get Mistaken!

The crypto market is always shifting based on global money trends, but a new debate…

April 1, 2025

XRP’s Worst-Case Scenario Could See a Drop to $0.30

XRP holders are finding themselves at a crossroads as recent market trends raise questions about…

April 1, 2025

Bitcoin’s Price Dropped by 5%—Experts are Seizing the Moment: RUVI AI’s Token Presale Launching in a few Hours

Bitcoin, the flagship cryptocurrency, has taken a hit with a 5% drop in its price.…

April 1, 2025

Will Dogecoin (DOGE) Crash or Skyrocket?: Data

Amid market uncertainty, Dogecoin (DOGE), a popular and the world’s largest crypto meme coin, appears…

April 1, 2025

Should Shiba Inu (SHIB) & Dogecoin (DOGE) Be Worried? Panshibi (SHIBI) Emerges As Best New Investment Pick This Easter!

According to historical footprints in the global crypto market, festive seasons are always important for…

April 1, 2025

Massive Buys Continue Into Panshibi (SHIBI) The Wildcard Launch As Pepe (PEPE) & Shiba Inu (SHIB) Investors Join The Bull-Run

Pepe Coin (PEPE) continues to struggle. Resistance limits upward momentum, and even a potential rally…

April 1, 2025