On December 26, Bitwise representatives filed an application with the U.S. Securities and Exchange Commission to issue the Bitwise Bitcoin Standard Corporations ETF, which allows them to invest in securities of firms that:
1. Own at least 1,000 bitcoins worth $96.4 million at the current exchange rate.;
2. Have a capitalization level of $100 million or more;
3. Have a daily liquidity of at least $1 million.;
4. Less than 10% of the shares were released into free circulation. If the regulator gives the go-ahead to create the Bitwise Bitcoin Standard Corporations ETF, Bitwise will buy assets of qualifying companies, which may include: MicroStrategy, which owns $42.8 billion worth of bitcoins, as well as electric car manufacturer Tesla (NASDAQ:TSLA) and the crypto exchange Coinbase (NASDAQ:COIN), which have bitcoins worth $936.1 million and $913 million, respectively.
I think it's a good idea. I hope it will be a good product. What do you think?

Always in the process of learning. I like to travel and meet interesting people.

This is a very interesting product. I think it will be in demand.
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