Key Highlights:

• Public companies are increasingly acquiring Bitcoin, marking a significant trend in the market for 2024.
• Bitwise Asset Management has applied for an ETF focused on corporations holding at least 1,000 BTC.
• Strive Asset Management is introducing a Bitcoin Bond ETF aimed at digital asset investments through MicroStrategy's convertible securities.

The trend of institutional investment in cryptocurrency has surged, particularly with Bitcoin nearing the $100,000 benchmark. Inflows into approved ETFs have reached $36 billion this year. Notably, MicroStrategy kickstarted this movement back in 2020, sparking interest from companies like KULR Technology, which recently acquired 217.18 BTC. Strive's CEO, Matt Cole, asserts that such investments are vital for long-term financial stability in light of rising global economic risks. He emphasizes the democratization of access to Bitcoin bonds through the launch of their ETF.