Bitwise offers a new ETF to invest 1,000 BTC or more in companies

The popular crypto exchange-traded fund (ETF) issuer has launched a new product called the Bitcoin Standard Corporations ETF, which aims to invest in publicly traded companies holding at least 1,000 BTC in their corporate treasury.

The ETF focuses on companies with a market capitalization of at least $100 million, a daily trading volume of $1 million or more, and less than 10% private equity. Bitwise plans to update the index quarterly using public corporate reports to adjust the fund's holdings.

Bitcoin Regular Corporations ETF

According to the official filing, unlike traditional ETFs, which base stock weights on the company's market capitalization, Bitwise's new fund will allocate weight based on the market value of each company's Bitcoin holdings, with a maximum exposure of 25% per entity to ensure balance. This initiative comes at a time of increasing demand for Bitcoin investment products, due to the increase in BTC prices – up 126% in the last year.

According to data, at least 30 companies worldwide currently meet these requirements. This includes prominent Bitcoin holders such as MicroStrategy, which has over 444,000 BTC, and mining companies such as Marathon Digital, Riot, Tesla, and Hat8. These organizations are mainly based in the US, Canada and Asia, with Japan, Hong Kong and Thailand is emerging as a key player in Bitcoin adoption.

The proposal comes at a time when corporate adoption is growing as more companies integrate bitcoin into their treasury to boost their stock prices. On that note, Bitwise CEO Hunter Horsley commented.

“2025 feels like a big year for new corporations adopting the Bitcoin standard.”

Corporates embrace Bitcoin

The latest to dip its toes is KULR Technology Group, which is listed on the New York Stock Exchange and bought 217.18 bitcoins for about $21 million, starting its Bitcoin treasury with an average purchase price of BTC 96,556.53. This purchase is the first step in a larger strategy to invest up to 90% of excess cash into Bitcoin in future purchases.

Earlier this week, Matador Technologies approved a strategic move to diversify its corporate treasury by adding Bitcoin and USD-denominated assets to mitigate risks associated with a possible devaluation of the Canadian dollar. The company plans to invest $4.5 million in Bitcoin through December 2024 and may continue to make purchases through measured programs.