{"id":4774,"date":"2024-12-27T04:17:37","date_gmt":"2024-12-27T04:17:37","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=4774"},"modified":"2024-12-27T04:17:37","modified_gmt":"2024-12-27T04:17:37","slug":"vivek-ramaswamys-strive-applies-for-bitcoin-bond-etf-that-tracks-microstrategys-convertible-securities-market","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=4774","title":{"rendered":"Vivek Ramaswamy&#8217;s Strive Applies For &#8216;Bitcoin Bond&#8217; ETF That Tracks MicroStrategy&#8217;s Convertible Securities Market"},"content":{"rendered":"<div>\n<p><strong>Strive Asset Management<\/strong>, a company co-founded by <strong>Vivek Ramaswamy<\/strong>, announced plans for an exchange-traded fund on Thursday that would seek exposure to convertible securities issued by companies investing in <strong>Bitcoin <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>).<\/p>\n<p><strong>What Happened<\/strong>: The proposed ETF, named the <strong>Strive Bitcoin Bond ETF<\/strong>, aims to expose investors to the growing \u201cBitcoin bond\u201d market, leveraged by companies like <strong>MicroStrategy Inc<\/strong>. (NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/MSTR#NASDAQ\">MSTR<\/a>)\u00a0to fund Bitcoin acquisitions, an SEC <a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1592900\/000159290024002726\/strivebitcoinbondetf485a.htm\">filing <\/a>showed.<\/p>\n<p>\u201cUnder normal circumstances, at least 80% of the notional exposure of the Fund (through securities and financial instruments) will be to Bitcoin Bonds,\u201d the filing read.<\/p>\n<p>Strive said that the fund will treat convertible debt as equity securities, despite the instruments having some attributes of debt securities.<\/p>\n<p><strong>See Also:\u00a0<a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/12\/42691548\/floki-eyes-dogecoin-rivalry-with-second-meme-coin-exchange-traded-product\">Floki Eyes Dogecoin Rivalry &#8230;<\/a><\/strong><\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/24\/12\/42697066\/vivek-ramaswamys-strive-applies-for-bitcoin-bond-etf-that-will-track-microstrategys-convertible-securities-market\" alt=\"Vivek\" ramaswamy strive applies for bond etf that tracks microstrategy convertible securities market>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Strive Asset Management, a company co-founded by Vivek Ramaswamy, announced plans for an exchange-traded fund on Thursday that would seek exposure to convertible securities issued by companies investing in Bitcoin (CRYPTO: BTC). What Happened: The proposed ETF, named the Strive Bitcoin Bond ETF, aims to expose investors to the growing \u201cBitcoin bond\u201d market, leveraged by [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-4774","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/4774","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4774"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/4774\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4774"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4774"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4774"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}