Bitwise, Ramaswamy's Strive file for ETFs investing in companies with Bitcoin treasuries

- Bitwise and Strive Financial have filed to create new ETFs that focus on investing in companies with significant Bitcoin treasuries, amid a growing trend of corporate Bitcoin adoption.

- Bitwise's ETF will invest in companies holding over 1,000 BTC, weighting by the value of their Bitcoin holdings rather than market capitalization, while Strive's ETF will focus on convertible securities from companies like MicroStrategy that invest in Bitcoin.

- The filings come as companies like KULR Technology Group and Semler Scientific are also engaging in Bitcoin treasury strategies, with KULR's shares recently hitting an all-time high following its Bitcoin investment announcement.

- The trend of corporate Bitcoin treasury operations is gaining momentum, indicating a shift in how mainstream companies are integrating cryptocurrency into their financial strategies.

https://www.theblock.co/post/332419/bitwise-ramaswamys-strive-file-for-etfs-investing-in-companies-with-bitcoin-treasuries