🟠Strive, founded by Vivek Ramaswamy, has filed for the launch of an ETF investing in convertible bonds issued by MicroStrategy and other corporations with significant Bitcoin holdings. The Strive Bitcoin Bond ETF will be actively managed and include instruments like swaps and options.
🟠Since 2020, MicroStrategy has invested $27 billion in Bitcoin, driving a 2,200% increase in the company’s stock value. Corporate reserves now hold a combined $56 billion in BTC.
🟠Ramaswamy’s support for Donald Trump has heightened expectations for the approval of new crypto-focused ETFs, including funds featuring altcoins like Solana and Ripple. Trump’s appointment of pro-crypto experts to key positions further strengthens the industry’s outlook.