LATEST: Vivek Ramaswamy’s Strive Asset Management Seeks to Launch a Bitcoin Bond ETF

Strive Asset Management, co-founded by Republican Vivek Ramaswamy, has officially filed with the SEC to launch a pioneering ‘Bitcoin Bond’ ETF. This bold move highlights the increasing synergy between conventional finance and the burgeoning cryptocurrency market. Targeting company-issued bonds that fund Bitcoin investments, this ETF plans to offer a unique bridge between digital assets and traditional investment avenues.

Positioned within the EA Series Trust, the proposed ETF will concentrate on Bitcoin bonds, including derivatives like swaps and options tied to Bitcoin-focused companies. Upon approval, the ETF’s shares are slated for listing on the New York Stock Exchange and will adhere to regulated investment standards, distributing income on a weekly basis.

With a strategy to allocate at least 80% of its exposure to ‘Bitcoin bonds,’ Strive’s new fund is set to provide investors with concentrated opportunities in the tech and software sectors. Furthermore, the success of MicroStrategy, a major investment target for Strive, underscores the potential of Bitcoin as a resilient asset amidst global economic challenges.

LATEST: Metaplanet Plans to Increase Bitcoin Holdings to 10K BTC by 2025

Metaplanet, a leading Japanese venture capital firm, is gearing up to substantially increase its Bitcoin reserves, targeting a portfolio of 10,000 BTC by 2025. This ambitious plan is fueled by strong market forecasts suggesting Bitcoin prices could soar past $200,000. Simon Gerovich, CEO of Metaplanet, shared the company’s strategy to leverage advanced capital market tools to bulk up its crypto assets, emphasizing the drive to foster Bitcoin adoption both in Japan and globally.

Amid optimistic predictions by asset managers like VanEck and Bitwise, Metaplanet’s move could position it as a major influencer in the cryptocurrency space. The company, already holding the largest corporate Bitcoin stash in Asia, is poised to expand its influence, as Gerovich envisions a potential global shift towards Bitcoin reserves, especially if the U.S. adopts it strategically under the anticipated crypto-friendly Trump administration.

The venture capital giant is not alone in its bullish stance on Bitcoin; many firms jumped into the crypto market in 2024, propelling Bitcoin’s value up by approximately 120%. Metaplanet’s aggressive acquisition strategy, marked by a record purchase in December, reflects a broader industry trend of leveraging crypto assets for substantial financial growth and market impact.