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Cryptocurrency News Articles
Users Flock to Plus Wallet’s Unlimited Rewards While Bybit Web3 Wallet Integrates Tonstakers; New Bitwise ETF Coming Soon?
Dec 31, 2024 at 04:30 am
Bitwise has filed for the Bitwise Bitcoin Standard Corporations ETF, targeting companies with at least 1,000 Bitcoin on their balance sheets.
Bitwise has filed for the Bitwise Bitcoin Standard Corporations ETF, which will invest in publicly traded companies that hold a minimum of 1,000 Bitcoin in their treasury. This ETF is designed to capitalize on the growing trend of companies adding Bitcoin to their balance sheets.
The Bitwise ETF will focus on companies that are listed on a national exchange and have been continuously operating for at least two years. Additionally, the companies must have a market capitalization of over $100 million, specific liquidity and float requirements, and be fully up to date on their SEC filings.
Unlike a typical ETF, which is usually weighted by the market capitalization of the underlying holdings, the Bitwise ETF will be weighted by the market value of each company’s Bitcoin holdings. This ETF will be actively managed by Bitwise.
Institutions continue to flock to Bitcoin, especially in light of its recent surge in value. Several companies, including MicroStrategy and Tesla, have allocated a portion of their treasury to Bitcoin. This move by Bitwise will allow investors to gain exposure to the performance of Bitcoin through the stock market.
Highlighting the demand for flexibility and earning potential in today’s crypto market, Bybit Web3 Wallet has integrated Tonstakers, a leading liquid staking protocol on the TON blockchain. This integration provides users with an easy way to stake Toncoin ($TON) and earn a yield of between 3% and 5% APY, which is automatically compounded.
This integration also brings TON staking to over 130 million users in the TON ecosystem. Bybit Web3 Wallet aims to simplify the adoption of decentralized finance (DeFi) by offering user-friendly tools that make the benefits of Web3 accessible to a broader audience. This move will further boost the growth of the TON ecosystem.
In a bid to cater to the needs of users seeking optimal earning opportunities and cross-chain flexibility, Plus Wallet stands out as one of the best Web3 wallets with its unique earning programs. While other wallets may offer limited earning options, Plus Wallet has prioritized earning potential throughout its core features.
Plus Wallet seamlessly combines top-notch security, multi-chain functionality, and unlimited rewards, making it an exceptional choice for anyone navigating the crypto market. This integration of earning opportunities into the core features of the wallet is designed to reward users simply for trading.
To begin earning, users need only download the Plus Wallet app. With its intuitive interface and豊富な機能, Plus Wallet offers a holistic crypto experience. Moreover, the wallet is constantly expanding its list of supported chains, providing users with even more options for trading and engaging with decentralized applications (dApps). This makes it easy to manage assets and explore new opportunities across multiple networks, all from a single wallet.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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