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The Defiant 2024-12-27 21:26:57

Bitwise and Vivek's Strive Plan Bitcoin Treasury ETFs

Bitwise Asset Management and Vivek Ramaswamy’s Strive Asset Management are each seeking to create exchange-traded funds (ETF) focused on companies with Bitcoin in their treasuries. The two asset managers separately on Dec. 26 asked the Securities and Exchange Commission (SEC) for permission to list these ETFs. The Bitwise Bitcoin Standard Corporations ETF aims to provide exposure to companies that have adopted what it calls the “bitcoin standard” by holding a significant amount of BTC in their corporate treasuries. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

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