
Vivek Ramaswamy’s Strive Asset Management Proposes Bitcoin Bond ETF for BTC Exposure
Strive Asset Management, co-founded by Republican Vivek Ramaswamy, has recently proposed a Bitcoin Bond exchange-traded fund (ETF) to provide exposure to bitcoin-linked convertible securities. This innovative approach is set to revolutionize the way investors interact with digital assets.
The proposed ETF aims to invest in convertible securities issued by companies deeply invested in bitcoin, including the prominent Microstrategy Incorporated. This bold move signifies Strive Asset Management’s determination to bridge traditional finance (tradfi) with digital asset investments.
Strive’s vision is rooted in its conviction that bitcoin offers a hedge against increasing risks posed by the global fiat debt crisis, inflation, and geopolitical tensions. In an official statement, the firm emphasized the importance of thoughtful exposure to bitcoin as a long-term investment strategy.
The proposed Bitcoin Bond ETF seeks to capitalize on this potential by allocating 80% of its notional exposure to bonds related to bitcoin. The fund will also permit concentrated investments, dedicating over 25% of assets to the tech and software sectors.
Source: www.crypto-news.net