Bitwise announced a Bitcoin ETF for corporate players

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Listen up, Bitwise Asset Management just launched an ETF that’s all about companies with serious Bitcoin game. We’re talking over 70 firms that have at least 1,000 Bitcoin in their treasuries.

It’s a bet on the companies that are betting big on Bitcoin. Okay, this sounds like a derivative of a derivative, but it’s still a big thing.

The lineup

The Bitwise Bitcoin Standard Corporations ETF tracks companies like Strategy, MARA Holdings, CleanSpark, and Riot Platforms, names you might recognize if you’re into the crypto industry.

The twist? The ETF doesn’t invest directly in Bitcoin, it invests in the companies that hold it. Think of it like buying stock in companies that are essentially Bitcoin whales.

Perfect timing?

Bitwise says it’s all about diversifying cash reserves in uncertain times. With U.S. companies sitting on over $4.5 trillion in cash, Bitcoin looks like a smart hedge against monetary policy risks.

It’s liquid, scarce, and not controlled by any government, music to the ears of corporate treasurers.

The ETF weights companies based on their Bitcoin holdings, but caps the largest holding at 20% to keep things diversified.

Also, it rebalances quarterly, so you know what you’re getting into. Bitwise CIO Matt Hougan puts it simply, and said that these companies see Bitcoin as a strategic reserve asset.

It’s not just for individual investors anymore, but corporations are getting in on the action.

What’s next?

This launch is part of a wider trend on the market. Companies like Strategy are leading the charge with massive Bitcoin holdings.

Bitwise filed with the SEC back in December 2024, and now they’re offering a regulated way to tap into Bitcoin’s market dynamics without directly buying the cryptocurrency.

It’s a clever move, and we’ll see how it plays out. One thing’s for sure, Bitcoin is becoming more and more mainstream by the day.

Have you read it yet? Trump’s crypto gambit is a shot in the dark?

Disclosure:This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

Kriptoworld.com accepts no liability for any errors in the articles or for any financial loss resulting from incorrect information.

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