Crypto asset manager Bitwise has announced the launch of its new Bitwise Bitcoin Standard Corporations ETF, which provides investors with exposure to publicly traded companies that hold over 1,000 Bitcoins. This ETF will track 21 firms including notable names like microstrategy (now known as Strategy), Bitcoin miner Marathon Digital Holdings (MARA), Block (founded by Jack Dorsey), Coinbase, and Tesla. As more corporations acknowledge Bitcoin as a strategic reserve asset amidst over $5 trillion in low-yielding cash reserves, the ETF aims to cater to this trend. Strategy, the largest corporate holder of Bitcoin with nearly 500,000 coins, argues that holding Bitcoin is the most efficient approach to delivering returns to shareholders, highlighting its value as a store of wealth. Since adopting a Bitcoin standard, Strategy's stock has surged by over 1,800%, demonstrating the potential impact of Bitcoin on corporate treasury strategies.

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