Summary
- Strive has reported that it submitted an application for an ETF that invests in Bitcoin bonds and convertible bonds.
- The Strive Bitcoin Bond ETF aims to seek access to Bitcoin bonds.
- It was reported that at least 80% of the ETF's assets will be invested in Bitcoin bonds and related derivatives.
U.S. asset management firm Strive has submitted an application to the United States Securities and Exchange Commission (SEC) for an ETF that invests in Bitcoin (BTC) bonds and convertible bonds.
On the 26th (local time), Strive announced via its official X that "Strive's Bitcoin Bond ETF will seek to provide access to convertible bonds issued to purchase Bitcoin, i.e., Bitcoin bonds."
The official name of the ETF is 'Strive Bitcoin Bond ETF', and it aims to invest at least 80% of its assets in Bitcoin bonds and related derivatives.
Doohyun Hwang
cow5361@bloomingbit.ioKEEP CALM AND HODL🍀
