Strive Asset Management, co-founded by Republican figure Vivek Ramaswamy, is doing a great work by filing for a Bitcoin Bond ETF with the U.S. Securities and Exchange Commission (SEC). This bold move coincides with the anticipation of Ramaswamy’s party reclaiming the White House come January 20th.
If greenlit by the SEC, this Bitcoin Bond ETF will hit the trading floor on the New York Stock Exchange (NYSE) which work really well as it offers a fresh avenue for traditional finance institutions to get in on Bitcoin action through bond investments.
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Strive plans to go big, allocating over 80% of the ETF’s assets to Bitcoin-related bonds, derivatives, swaps, and options tied to crypto-heavy companies. What’s cool? Investors could see income distributed weekly—a rare perk in the ETF game.
The company sees Bitcoin as more than just digital gold; it’s a hedge against global economic chaos. Rising inflation, geopolitical drama, and mounting fiat debt are what makes Bitcoin a really vital and important asset in today’s volatile world.
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By rolling out a Bitcoin Bond ETF, Strive isn’t just catching up it’s paving the way for Bitcoin’s full embrace by traditional finance. Think easier trading, live markets, and an open door to institutional crypto adoption.
