Bitwise Asset Management has filed with regulators to launch a new exchange-traded fund (ETF) targeting publicly traded companies with substantial Bitcoin reserves. The proposed Bitwise Bitcoin Standard Corporations ETF would invest in firms that have at least 1,000 BTC in their corporate treasury. In its regulatory filing submitted on December 26, Bitwise outlined the criteria for companies to be included in the fund. To qualify, a company must have a market capitalization of at least…
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