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Jonbinh
@999eth
Two new ETFs capitalize on the boom in Bitcoin treasuries According to recent filings by the US Securities and Exchange Commission (SEC), two new ETFs are looking to capitalize on the strong upward trend of corporations adopting Bitcoin treasury bond strategies. One of the proposals comes from Bitwise, an asset management company famous for its cryptocurrency ETFs, which would invest in companies that have “adopted the Bitcoin standard.” According to the prospectus, this standard is defined as companies that own more than 1,000 BTC and meet basic requirements for scale and liquidity, including: market capitalization above $100 million, medium liquidity The daily average is over 1 million USD, and the percentage of publicly outstanding shares is less than 10%.
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