Bitwise Files for Bitcoin Standard ETF, Prioritizing Companies with Major BTC Holdings: A Strategic Move in Digital Asset Management

Bitwise Files for Bitcoin Standard ETF, Prioritizing Companies with Major BTC Holdings: A Strategic Move in Digital Asset Management

Digital asset management firm Bitwise has filed a registration with the SEC for a Bitcoin-centric ETF. The “Bitwise Bitcoin Standard ETF” aims to invest in companies with significant Bitcoin (BTC) assets or BTC-related revenues, aiming to mitigate custody, regulatory, and liquidity concerns. Companies must hold at least 1,000 BTC and maintain a $100 million market … Read more

BRICS Expands Global Reach: 13 Nations Granted ‘Partner’ Status in Strategic Move

BRICS Expands Global Reach: 13 Nations Granted ‘Partner’ Status in Strategic Move

BRICS, the association of Brazil, Russia, India, China, and South Africa, has taken a significant step in expanding its global reach by granting “partner” status to 13 nations. This strategic move aims to strengthen currency networks and reduce dependence on the U.S. dollar. Indian Foreign Ministry spokesperson Randhir Jaiswal confirmed the decision after the recent … Read more