EddieJayonCrypto

 27 Dec 24

tl;dr

Strive, an asset management firm founded by Vivek Ramaswamy, has filed with the SEC to launch an ETF investing in convertible bonds issued by companies like MicroStrategy that buy Bitcoin. The ETF aims to provide investors with exposure to "Bitcoin Bonds" and will be actively managed, investing in t...

Strive, an asset management firm, plans to launch an ETF investing in convertible bonds issued by companies buying Bitcoin, filing an application with the SEC on December 26.

The ETF aims to provide exposure to "Bitcoin Bonds" and will be actively managed by Strive, founded by Vivek Ramaswamy and associated with potential market volatility due to similarities with the meme coin DOGE.

Industry analysts anticipate further crypto ETF approvals under the Trump administration, with Strive's proposed Bitcoin Bonds ETF offering a unique financial product for retail investors seeking Bitcoin exposure.

MicroStrategy's aggressive Bitcoin purchases in 2024 have driven its stock price and potential inclusion in major stock indices, funded by issuing new shares and convertible bonds. {3-127}

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