#BitwiseBitcoinETF The Bitwise Bitcoin ETF (the “Trust”) is an exchange-traded product that issues common shares of beneficial interest (“Shares”) that are anticipated to be listed on the NYSE Arca, Inc. (the “Exchange”) under the ticker symbol “BITB.” The Trust’s investment objective is to seek to provide exposure to the value of bitcoin held by the Trust, less the expenses of the Trust’s operations and other liabilities. In seeking to achieve its investment objective, the Trust will hold bitcoin and establish its net asset value (“NAV”) by reference to the CME CF Bitcoin Reference Rate - New York Variant (“BRRNY”). The BRRNY is calculated by CF Benchmarks Ltd. (the “Benchmark Provider”)
According to Odaily, HODL15 Capital reports that more than 20 companies have a chance of being included in the Bitwise Bitcoin Standard Corporations ETF, with 30% of these being Bitcoin mining firms.
Previously, it was announced that Bitwise has applied to the U.S. Securities and Exchange Commission (SEC) for the Bitcoin Standard Corporations ETF.
This fund aims to invest in the stocks of companies that adopt the Bitcoin standard, requiring them to hold at least 1,000 BTC in their reserves. $BTC
In 2024, Bitcoin (BTC) experienced significant developments that influenced its market value, regulatory landscape, and adoption.
* Market Performance
Bitcoin's price surpassed $100,000 in December 2024, reaching an all-time high of approximately $107,778.
* Future Growth
Bitcoin will hit more and more highness that no-one can even imagined because of more popularity and more holders of bitcoin evryone just holding and thinking of bitcoin to go on the Moon..
In upcoming years butcoin has to grow like Unimaginable with 200K vlues. $BTC
Bitcoin Price Outlook – Bitcoin Continue to Look for Buyers The Bitcoin market fell hard early in the Friday session, but also seems to have found a bit of support at the 50 Day EMA indicator. At this point, the market is likely to see a lot of volatility, but at this point in time, the market is still very bullish over the long term as far as I can see. Bitcoin Technical Analysis The Bitcoin market has been rather noisy as of late, but we have seen a pretty significant move on Friday, which could be the beginning of a recovery. It is worth noting that the Bitcoin market did bounce right at the 50 day EMA. So, with that being said, I suspect that you have a situation where traders are trying to come in and