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Grayscale reveals companies tracking exchange-traded funds that hold Bitcoin in treasury bonds.
Grayscale has launched a new exchange-traded fund that tracks companies holding Bitcoin in their treasury strategies.
The exchange-traded fund does not hold Bitcoin but invests in companies that use Bitcoin as a financial reserve asset.
The increasing reliance of companies on Bitcoin creates strong demand that may lead to a supply shortage in the market.
Grayscale has launched a new exchange-traded fund, the Grayscale Bitcoin Adopters ETF, which trades under the ticker symbol BCOR. This fund targets companies that hold Bitcoin as part of their treasury. It tracks the Indxx Bitcoin Adopters Index, a benchmark that includes companies with active strategies in using Bitcoin.