Pradeep Bora
@pradeepbora121
331 Following
278 Followers
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๐ฏ #GateWeb3 MemeBox Space #03
Topic: My Story with Memes
๐ Giveaway Alert: 5 x $5
๐ How to Participate:
โ
Follow
@GateWeb3Wallet
&
@GateMemeBox
โ
Like, Retweet, and Tag 3 Friends
๐๏ธ Date & Time: January 3rd, 20:30 (UTC+8)
๐ Join Us:
๐ https://x.com/i/spaces/1ypkk/i/spaces/1YpKklZjeXZGj
๐๏ธ Host:
@CaraYi
(Cara, Gate Web3 Business Development Lead)
๐ค Special Guests:
๐น
@kared888
(Kerry, Head of BD)
๐น
@eyezenhour
(David, Project Lead of Lofi The Yeti)
๐น
@JasmineW0526
(Jas, CMO of LOL)
๐น
@zhao1qian193135
(Wangzai, GOUT Chinese Community Ambassador)
๐น
@MemeCore_ORG
(Jason, Moderator of Memecore)
๐น
@mvrs
(Krypto, Community Leader)
๐ Join us to explore the fascinating world of memes and hear inspiring stories from our special guests!
#GateWeb3 #MemeBox #memecoins 0 reply
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BITWISE PLANS โBITCOIN STANDARD COMPANY ETFโ TO TARGET BTC-HEAVY FIRMS
- Bitwise filed an application with the SEC for the launch of its "Bitcoin Standard Corporations ETF".
- This ETF is designed to invest in companies holding substantial Bitcoin reserves.
Key Highlights:
Eligibility Criteria:
1. Firms must hold at least 1,000 BTC in reserves.
2. A minimum market cap of $100 million is required.
3.Daily liquidity must exceed $1 million.
4. Less than 10% of company stock should be privately held.
Unique Weighting Approach:
- Unlike conventional ETFs that prioritize market cap, this fund will weigh holdings based on the market value of Bitcoin treasuries, capped at 25% per firm.
- For instance, MicroStrategyโs 444,262 BTC treasury would carry more weight than Teslaโs 9,720 BTC, despite Teslaโs larger market cap.
- The move comes as Bitcoin hovers around $95,800, following its December peak of $108,000. 0 reply
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