Bitwise Files for ETF Focusing on Firms With Large Bitcoin Reserves

Quick Summary:

Bitwise Asset Management is making waves with its latest proposal: an Exchange-Traded Fund (ETF) focused on companies embracing Bitcoin in a big way.

This announcement comes at a time when corporate Bitcoin adoption is gaining momentum.

Would own stocks of companies that have adopted the “bitcoin standard”, which they define as holding at least 1,000 btc in corporate treasury.

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Article Details

Author / Journalist: Sarala

Category: Crypto

Markets: United Arab Emirates

Topics: BitcoinETF Bitcoin Exchange News BTC Bitwise

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-27 @ 06:30:19 (1 days ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 316 words

Reading Time: 2 minutes read

Sentences: 25 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TheNewsCrypto

News ID: 24689120

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About TheNewsCrypto

Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 17 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 17 hours ago

Coverage Areas: United Arab Emirates

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #125

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