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Grayscale Investments has filed with the U.S. Securities and Exchange Commission (SEC) to launch the Grayscale Bitcoin Adopters ETF, a fund designed to track companies that hold Bitcoin on their balance sheets. This move aims to provide investors with exposure to firms integrating Bitcoin into their corporate strategies.
The proposed ETF would invest in publicly traded companies that have adopted Bitcoin as part of their treasury reserves, reflecting the growing trend of institutional Bitcoin adoption. Notable examples include firms like MicroStrategy and Tesla, which have made significant Bitcoin purchases in recent years.
This filing is part of Grayscale’s broader strategy to expand its suite of crypto-related investment products. In addition to the Bitcoin Adopters ETF, Grayscale has also filed for Litecoin and Solana ETFs, signaling its intent to offer a diverse range of crypto investment options.
The launch of the Grayscale Bitcoin Adopters ETF is pending SEC approval. If approved, it would provide investors with a new avenue to gain exposure to the Bitcoin ecosystem through equity investments in companies actively participating in the cryptocurrency space.
