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Strive Asset Management co-founded by Vivek Ramaswamy, a Republican has made headlines in the cryptocurrency industry. Strive has finally filed to launch a ‘Bitcoin Bond’ exchange-traded fund (ETF) with the Securities and Exchange Commission (SEC). The firm’s bold entry into the Bitcoin ETF space signifies the rising connection between traditional finance and digital assets. Also Read: Shiba Inu Team Confirms the Launch Date of Treat Token Strive’s Entry Into The Bitcoin Bond Market Source: Strive.com According to the filing, the latest ETF will focus on company-issued bonds used to fund Bitcoin investments. It also notes that as part of the EA Series Trust, the ETF emphasizes Bitcoin bonds, which are assets such as swaps, options, and derivatives linked to firms highly focused on the king coin. After it garners a green signal, the ETF’s shares will be listed on the New York Stock Exchange (NYSE) and held by the Depository Trust Company. The fund is intended to fulfill...

Strive Asset Management, a firm founded by Vivek Ramaswamy, submitted a request with United States regulators to launch an exchange-traded fund (ETF) to provide exposure to Bitcoin bonds, according to a Dec. 26 filing. The Strive Bitcoin Bond ETF will invest in bonds issued by companies such as MicroStrategy and other corporate Bitcoin buyers. Additionally, the fund seeks to get exposure to “convertible securities issued by MicroStrategy” or other companies that plan to “invest all or a significant portion of the proceeds to purchase Bitcoin,” according to the filing. Strive has not yet disclosed the management fees for the Bitcoin Bond ETF. However, actively managed funds have higher fees than passive index funds. MicroStrategy’s Bitcoin Journey: $27 Billion Invested Since 2020 Since 2020, MicroStrategy has allocated approximately $27 billion towards its Bitcoin strategy. MicroStrategy has financed its Bitcoin purchases by issuing new stock and conver...