Strive, a Trump-related asset management company, applies for a "Bitcoin bond" ETF

According to Cointelegraph, according to documents filed on December 26, Strive, an asset management company founded by Vivek Ramaswamy, has applied

Strive, a Trump-related asset management company, applied to the US Securities and Exchange Commission (SEC) on Monday for a "Bitcoin bond" exchange-traded fund (ETF).

According to the application filed with the SEC on December 26, Strive, an asset management company founded by Vivek Ramaswamy, applied to the US regulator for an ETF that will invest in Bitcoin convertible bonds, such as those issued by MicroStrategy. These bonds are called "Bitcoin bonds" and are convertible securities that are issued by MicroStrategy or other companies that plan to use the proceeds mainly to purchase Bitcoin.

The Strive Bitcoin Bond ETF will be actively managed to access these "Bitcoin bonds" directly or through financial derivatives such as swaps and options. While Strive has yet to disclose the management fees that investors will incur, actively managed funds typically have higher fees compared to passive index funds.

Founded in 2022 by Vivek Ramaswamy, a vocal supporter of US President-elect Trump, Strive Asset Management made headlines earlier this year when it was announced that Ramaswamy and Tesla founder Musk would lead the Department of Government Efficiency (DOGE), a private initiative aimed at slashing wasteful government spending.

In November, it was also reported that the asset management company Strive launched a wealth management division to include Bitcoin in standard investment portfolios.

Bitwise applied to the US SEC for a Bitcoin Standard ETF on Monday.

According to a report by Cointelegraph on Monday, Bitwise has applied to the US Securities and Exchange Commission (SEC) for the Bitcoin Standard Corporations ETF. The fund aims to invest in the stock of companies that adopt the Bitcoin standard, with at least 1,000 BTC in the company's funds.

Binance Alpha added 5 new projects on Monday: EVAN, BITCOIN, VISTA, AVAAI, and AITECH.

The Binance Alpha page shows that a new batch of 5 projects have been added on Monday, namely EVAN, BITCOIN, VISTA, AVAAI and AITECH. The introduction is as follows.

As of now, there are 43 Binance Alpha projects.

Siqi Chen sold the gifted Mira Coin to donate to the Ccancer laboratory, causing the price of Mira Coin to plummet.

According to The Block on Monday, Siqi Chen, CEO and CFO of the startup financial platform Runway, posted a message yesterday, calling on everyone to donate to support the Ccancer Laboratory at the University of Colorado. The laboratory is the only institution in North America that studies childhood craniopharyngioma, and Siqi Chen's young daughter Mira is suffering from this disease.

Thanks to the forwarding and promotion of many well-known X users, including Linda Yaccarino, CEO of the X platform, at the time of writing this article, Siqi Chen's fundraising on GoFundMe has exceeded $230,000.

Unexpectedly, a user of Pump.Fun created a meme coin called Mira, which once had a market value of $80 million. Fortunately, X user Waddles quickly purchased and gifted Siqi Chen 50% of the coin after it was issued, making his holdings instantly worth millions of dollars. However, when Siqi Chen announced plans to gradually sell off these Mira coins and donate all the proceeds to the laboratory, the market value of the coin began to fall.

Siqi Chen disclosed his selling plan on the X platform: "Starting at around 3 am UTC on December 27, I will sell $1,000 worth of Mira coins every 10 minutes, without interruption. If the plan changes, I will notify you 24 hours in advance."

He acknowledged that some traders may have profited without intending to donate, but overall he sees the event as having a positive impact. "Our original goal was to raise $200,000, but we will end up raising at least $1 million for rare disease research. This is undoubtedly a win for the world," he revealed.

As of this writing, the market value of Mira Coin has fallen to around $19 million. Meanwhile, a "kitkat" meme coin named after Mira's dog also briefly reached a market value of $3 million, but has now fallen to around $150,000.

"Every penny we get from kitkat/meme coins, including LP fees, after taxes, will go directly to rare disease research," said Siqi Chen.

Solana Ecosystem Staking Pool Jito earned over $100 million in priority fees and tips in the past two months.

According to a report released by Kairos Research, a crypto research organization, on Monday, Jito, the Solana ecosystem liquidity pledge protocol, earned more than $100 million in monthly income through priority fees and tips in November and December. According to Kairos, in 2024, Jito's validators' tip income