Wednesday, July 30, 2025
No Result
View All Result
Coin Digest Daily
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Metaverse
  • Web3
  • DeFi
  • Analysis
  • Scam Alert
  • Regulations
Marketcap
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Metaverse
  • Web3
  • DeFi
  • Analysis
  • Scam Alert
  • Regulations
No Result
View All Result
Coin Digest Daily
No Result
View All Result

Bitwise Files for ETF Targeting Companies with Significant Bitcoin Holdings

28 December 2024
in Bitcoin
Reading Time: 4 mins read
0 0
A A
0
Home Bitcoin
Share on FacebookShare on Twitter


Bitwise, a number one issuer of exchange-traded funds (ETFs), has filed a proposal to launch a fund aimed toward firms with substantial Bitcoin reserves.

Dubbed the Bitwise Bitcoin Customary Companies ETF, the fund will concentrate on publicly traded companies holding not less than 1,000 Bitcoin of their company treasuries. The transfer comes amid rising curiosity in Bitcoin amongst institutional gamers adopting the so-called “Bitcoin normal.”

In line with the December 26 submitting, eligible companies should meet stringent standards, together with a market capitalization of not less than $100 million, common every day liquidity exceeding $1 million, and a public free float of lower than 10%.

EXPLORE: 3 Consultants Predict: How Excessive Can Bitcoin Go In 2025?

Bitwise ETF Prioritizes Bitcoin Holdings Over Market Cap

The ETF stands out by weighting investments primarily based available on the market worth of a firm’s Bitcoin holdings quite than its total market cap, capped at a most of 25%.

For instance, MicroStrategy, which holds 444,262 BTC, would have higher weight within the ETF than Tesla, regardless of Tesla’s considerably bigger market cap, because it holds a relatively modest 9,720 BTC.

The submitting coincides with Bitcoin’s latest efficiency surge, having crossed six figures for the primary time in November earlier than stabilizing round $95,800.

Bitwise recordsdata for Bitcoin Customary Companies ETF…

Would personal shares of firms which have adopted the “bitcoin normal”, which they outline as holding not less than 1,000 btc in company treasury.

The btc treasury operations virus is spreading. pic.twitter.com/me0XXX9a6g

— Nate Geraci (@NateGeraci) December 26, 2024

Corporations like MicroStrategy have turn out to be synonymous with company Bitcoin adoption, whereas newcomers comparable to KULR Know-how Group have joined the development, not too long ago buying 217.18 BTC for $21 million. This buy led to a 40% leap in KULR’s inventory worth.

On the identical day, Try Asset Administration, based by Vivek Ramaswamy, filed for regulatory approval to launch an exchange-traded fund (ETF) centered on “Bitcoin Bonds.”

These bonds, as detailed within the December 26 submitting, embrace convertible securities issued by firms like MicroStrategy or others desiring to allocate proceeds predominantly to Bitcoin purchases.

The Try Bitcoin Bond ETF will be actively managed, providing direct publicity to those bonds or by way of monetary derivatives comparable to swaps and choices. Nonetheless, particulars concerning the administration price haven’t but been disclosed.

MicroStrategy, a key participant on this development, has spent roughly $27 billion on Bitcoin since 2020 as a part of a company treasury technique initiated by co-founder Michael Saylor.

This aggressive Bitcoin acquisition technique has propelled MicroStrategy’s inventory, MSTR, to a rare 2,200% achieve, outpacing practically all main public firms besides Nvidia.

Different firms have additionally embraced Bitcoin for his or her treasuries, with complete company holdings now estimated at $56 billion, in line with BitcoinTreasuries.internet.

EXPLORE: 10 Cash with Excessive Returns: Crypto Forecast 2025

U.S. Bitcoin ETFs See $475M Inflows After 4-Day Outflow Streak

Spot Bitcoin exchange-traded funds (ETFs) within the U.S. recorded a major influx of $475.15 million on Dec. 26, breaking a four-day outflow streak that noticed over $1.5 billion depart these funds.

(Supply)

Knowledge from SoSoValue reveals that Constancy’s FBTC led the inflows with $254.37 million, adopted by ARK 21Shares’ ARKB, which attracted $186.94 million.

BlackRock’s IBIT contributed $56.51 million, whereas smaller inflows from Grayscale Bitcoin Mini Belief and VanEck’s HODL added to the constructive momentum.

Nonetheless, these beneficial properties had been barely offset by outflows from Grayscale’s GBTC and Bitwise’s BITB, which noticed $24.23 million and $8.32 million in withdrawals, respectively.

EXPLORE: Might These 3 Altcoins Change Your Life in 2025?

Be a part of The 99Bitcoins Information Discord Right here For The Newest Market Updates

The publish Bitwise Recordsdata for ETF Focusing on Corporations with Vital Bitcoin Holdings appeared first on 99Bitcoins.





Source link

Tags: BitcoinBitwiseCompaniesETFfilesHoldingsSignificanttargeting
Previous Post

AI16Z Surges Over 50% in a Week as Whale Accumulation Boosts Price

Next Post

Elon Musk’s Grok App Introduced with Innovative Features – Metaverseplanet.net

Related Posts

Ethereum Leads Futures Rebound As Top Altcoin OI Nears $45B
Bitcoin

Ethereum Leads Futures Rebound As Top Altcoin OI Nears $45B

30 July 2025
Market Set to Surge as PayPal Introduces ‘Pay with Crypto’ Feature for 100+ Tokens
Bitcoin

Market Set to Surge as PayPal Introduces ‘Pay with Crypto’ Feature for 100+ Tokens

30 July 2025
Strategy Purchases 21,021 Bitcoin After $2.52 Billion IPO
Bitcoin

Strategy Purchases 21,021 Bitcoin After $2.52 Billion IPO

30 July 2025
Redstone Debuts Oracle for Instant DeFi Liquidations and MEV Capture    – Defi Bitcoin News
Bitcoin

Redstone Debuts Oracle for Instant DeFi Liquidations and MEV Capture    – Defi Bitcoin News

29 July 2025
Claynosaurz Hires David Horvath As NFT Brand Manager, Asia
Bitcoin

Claynosaurz Hires David Horvath As NFT Brand Manager, Asia

30 July 2025
XRP to Replace the US Dollar? Wild Prediction Could Hype Bitcoin Hyper
Bitcoin

XRP to Replace the US Dollar? Wild Prediction Could Hype Bitcoin Hyper

29 July 2025
Next Post
Elon Musk’s Grok App Introduced with Innovative Features – Metaverseplanet.net

Elon Musk's Grok App Introduced with Innovative Features - Metaverseplanet.net

Boston Dynamics’ Atlas Robot Showcases Stunning Backflip Ability – Metaverseplanet.net

Boston Dynamics' Atlas Robot Showcases Stunning Backflip Ability - Metaverseplanet.net

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
BNB Price Gears Up for Upside Break — Will Bulls Deliver?

BNB Price Gears Up for Upside Break — Will Bulls Deliver?

8 July 2025
Something Big Is Coming For XRP On July 9—Why It Matters

Something Big Is Coming For XRP On July 9—Why It Matters

8 July 2025
XRP could rally higher on steady capital inflow; check forecast

XRP could rally higher on steady capital inflow; check forecast

8 July 2025
10 Most Popular Bitcoin Mining Apps for Android & iOS in 2025 | Earn Crypto Fast

10 Most Popular Bitcoin Mining Apps for Android & iOS in 2025 | Earn Crypto Fast

24 May 2025
Ethereum Price Drops After Bullish Attempt — Support Area Under Pressure

Ethereum Price Drops After Bullish Attempt — Support Area Under Pressure

2 July 2025
Live Best Meme Coins Updates Today: TOKEN6900 Presale Begins with Promises of 1000x, SEC Approves First-Ever ETF with Bitcoin, Ethereum, XRP, and More…

Live Best Meme Coins Updates Today: TOKEN6900 Presale Begins with Promises of 1000x, SEC Approves First-Ever ETF with Bitcoin, Ethereum, XRP, and More…

2 July 2025
XRP Price Starts Recovery Move – Will It Lead to a Bullish Reversal?

XRP Price Starts Recovery Move – Will It Lead to a Bullish Reversal?

30 July 2025
Ethereum Leads Futures Rebound As Top Altcoin OI Nears $45B

Ethereum Leads Futures Rebound As Top Altcoin OI Nears $45B

30 July 2025
Bakkt Launches $75M Offering to Fund Bitcoin Purchases and Crypto Expansion – Featured Bitcoin News

Bakkt Launches $75M Offering to Fund Bitcoin Purchases and Crypto Expansion – Featured Bitcoin News

30 July 2025
‘Altseason for TradFi’ Underway As Investors Look To Rotate Profits Into Riskier Bets: Bitwise CIO Matt Hougan – The Daily Hodl

‘Altseason for TradFi’ Underway As Investors Look To Rotate Profits Into Riskier Bets: Bitwise CIO Matt Hougan – The Daily Hodl

30 July 2025
Market Set to Surge as PayPal Introduces ‘Pay with Crypto’ Feature for 100+ Tokens

Market Set to Surge as PayPal Introduces ‘Pay with Crypto’ Feature for 100+ Tokens

30 July 2025
Uprise Teams Up with HoneyBook to Bring Tax Planning to Small Business Owners – Finovate

Uprise Teams Up with HoneyBook to Bring Tax Planning to Small Business Owners – Finovate

30 July 2025
Facebook Twitter Instagram Youtube RSS
Coin Digest Daily

Stay ahead in the world of cryptocurrencies with Coin Digest Daily. Your daily dose of insightful news, market trends, and expert analyses. Empowering you to make informed decisions in the ever-evolving blockchain space.

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Web3

SITEMAP

  • About us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2024 Coin Digest Daily.
Coin Digest Daily is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Metaverse
  • Web3
  • DeFi
  • Analysis
  • Scam Alert
  • Regulations

Copyright © 2024 Coin Digest Daily.
Coin Digest Daily is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • bitcoinBitcoin(BTC)$118,061.00-0.78%
  • ethereumEthereum(ETH)$3,805.30-1.75%
  • rippleXRP(XRP)$3.12-1.83%
  • tetherTether(USDT)$1.000.00%
  • binancecoinBNB(BNB)$801.13-3.42%
  • solanaSolana(SOL)$180.29-3.00%
  • usd-coinUSDC(USDC)$1.000.00%
  • staked-etherLido Staked Ether(STETH)$3,797.59-1.83%
  • dogecoinDogecoin(DOGE)$0.221413-4.17%
  • tronTRON(TRX)$0.3347841.44%