Strive Submits Filing for Bitcoin Bond ETF

user avatar

by Giorgi Kostiuk

2 years ago

Strive Asset Management, co-founded by Vivek Ramaswamy, has officially filed with the SEC to launch a Bitcoin Bond ETF.

What is the Bitcoin Bond ETF?

The Strive Bitcoin Bond ETF will be an actively managed fund investing in company-issued bonds aimed at directing proceeds toward Bitcoin. The ETF will also gain exposure to these bonds through derivatives like swaps and options, focusing on 'Bitcoin bonds' tied to firms highly involved in the crypto industry.

Strategy to Address Economic Risks

Since its founding in 2022, Strive Asset Management has concentrated on addressing broader economic issues like inflation and global debt crises. Strive sees Bitcoin as a valuable hedge against these risks, making it an essential component of a diversified portfolio.

MicroStrategy's Influence on Fund Strategy

A key element of Strive's strategy involves engaging with companies like MicroStrategy, known for its aggressive Bitcoin acquisition strategy. Since 2020, MicroStrategy has invested over $27 billion in Bitcoin, making it one of the largest corporate holders of the cryptocurrency.

Upon receiving SEC approval, the ETF will be listed on the NYSE, providing investors with exposure to Bitcoin-linked assets without directly holding the cryptocurrency.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Strategy's Financial Moves Include Share Repurchase and Dividend Changes

Strategy repurchased 2,092,035 shares of its preferred stock for $208.2 million and announced a new dividend schedule for shareholders.

user avatarKofi Adjeman

Kraken Prop Expands Commodity Markets and Lowers Noncrypto Commissions

Kraken Prop has expanded its commodity markets by adding six new options, including gold and oil, while reducing noncrypto commissions to enhance trading options and lower costs.

user avatarNguyen Van Long

Ripple's Institutional Business Growth and Future Predictions

Ripple anticipates significant growth in its institutional business, projecting a substantial revenue increase by 2026.

user avatarSatoshi Nakamura

Noble Schedules USDC Contract and Route Pause for 2027

Noble has scheduled a pause for its USDC contract and remaining CCTP routes on January 12, 2027.

user avatarRajesh Kumar

Circle Announces Reduction of Legacy CCTP Burn Limits

Circle has announced a reduction in legacy CCTP burn limits starting October 31, impacting USDC holders on Noble.

user avatarJesper Sørensen

MEXC's Derivatives Trading Volume Reaches New Heights in Q3 2026

MEXC's derivatives trading volume reached 963 billion in Q3 2026, ranking fourth among exchanges.

user avatarEmily Carter

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.