Strive Asset Management, co-founded by Vivek Ramaswamy, has filed for a “Bitcoin Bond” ETF with the Securities and Exchange Commission (SEC). The proposed ETF focuses on bonds linked to Bitcoin investments, signifying a growing link between traditional finance and digital assets. If approved, it will list shares on the NYSE and comply with regulated investment standards.
The ETF aims to allocate at least 80% of its exposure to company-issued Bitcoin bonds, including derivatives, swaps, and options tied to Bitcoin-focused firms. The fund plans to distribute income weekly and operate within the EA Series Trust framework.
Strive’s strategy emphasizes investments in software and technology, allocating over 25% of assets to these sectors. The firm views Bitcoin bonds as a hedge against inflation, geopolitical tensions, and fiat currency risks. The ETF’s structure allows concentrated investments in key issuers for targeted exposure.
Strive Targets MicroStrategy for ETF Exposure
Due to its significant Bitcoin holdings, Strive identifies MicroStrategy as a primary investment opportunity. MicroStrategy has invested over $27 billion in Bitcoin, making it a leader in the cryptocurrency sector. Its stock has surged by more than 600% in the past year, attracting attention from investors like Strive.
The ETF aligns with Strive’s broader strategy of leveraging Bitcoin’s long-term potential. Strive aims to provide investors with targeted exposure by focusing on prominent Bitcoin-focused companies. Including firms like MicroStrategy underscores the fund’s commitment to high-growth opportunities.
Strive Advocates Bitcoin as a Long-Term Investment
Strive highlights Bitcoin as a critical asset for managing global economic risks. The firm cites inflation, geopolitical instability, and the fiat debt crisis as key concerns. The Bitcoin Bond ETF represents a bold step toward integrating digital assets into traditional investment frameworks.
The SEC filing reflects Strive’s confidence in Bitcoin’s resilience and potential for growth. The firm aims to attract investors seeking regulated cryptocurrency exposure by offering a specialized Bitcoin bond ETF. This move could further strengthen the connection between conventional finance and digital assets.
With this filing, Strive Asset Management positions itself as a front-runner in the emerging Bitcoin ETF market. The proposed ETF demonstrates the firm’s commitment to innovative investment strategies and its belief in Bitcoin’s role in the future of finance.