United

Department Of Government Efficiency

Donald Trump

Elon Musk

<p>Strive Asset Management, a firm founded by Vivek Ramaswamy, submitted a <a href="https://www.sec.gov/Archives/edgar/data/1592900/000159290024002726/strivebitcoinbondetf485a.htm#if4d9d597075948f9b53e5fa50ac9dcb7_16" rel="noopener noreferrer nofollow">request</a> with United States regulators to launch an exchange-traded fund (ETF) to provide exposure to Bitcoin bonds, according to a Dec. 26 filing.</p><p>The Strive Bitcoin Bond ETF will invest in bonds issued by companies such as MicroStrategy and other corporate Bitcoin buyers. Additionally, the fund seeks to get exposure to “convertible securities issued by MicroStrategy” or other companies that plan to “invest all or a significant portion of the proceeds to purchase Bitcoin,” according to the filing.</p><p>Strive has not yet disclosed the management fees for the Bitcoin Bond ETF. However, actively managed funds have higher fees than passive index funds.</p><p><img class="alignnone" src="https://www.microstrategy.com/_next/image?url=https%3A%2F%2Fimages.contentstack.io%2Fv3%2Fassets%2Fbltb564490bc5201f31%2Fbltf7af51a8ba1344f3%2F65629fff0a03ad3d0f39a0f1%2Fretail-banking-portal-solution-thumbnail.jpeg&amp;w=3840&amp;q=100" alt="MicroStrategy" width="1200" height="675"></p><h2 id="microstrategy-s-bitcoin-journey-27-billion-invested-since-2020">MicroStrategy’s Bitcoin Journey: $27 Billion Invested Since 2020</h2><p>Since 2020, MicroStrategy has allocated approximately $27 billion towards its Bitcoin strategy. MicroStrategy has financed its Bitcoin purchases by issuing new stock and convertible bonds. Recently, the company <a href="https://insidebitcoins.com/news/microstrategy-plans-11-billion-share-issue-to-buy-more-bitcoin" rel="noopener noreferrer nofollow">announced</a> issuing 11 billion shares to boost its Bitcoin buying strategy.</p><p>Similarly, other companies have been buying Bitcoin, with corporate treasuries now holding more than $56 billion worth of BTC, according to <a href="https://bitcointreasuries.net/" rel="noopener noreferrer nofollow">BitcoinTreasuries.NET</a>.</p><h2 id="vivek-ramaswamy-has-connections-with-donald-trump-and-elon-musk">Vivek Ramaswamy Has Connections With Donald Trump And Elon Musk</h2><p>Ramaswamy founded Strive in 2022, an asset management firm that helps investors “harness the power of capitalism.”</p><p>In 2023, Ramaswamy, who earned most of his $1 billion net worth through founding the biotechnology startup Roivant Sciences, initially campaigned against US President-elect Donald Trump. Later, he endorsed the incoming President.</p><blockquote class="twitter-tweet"><p>America-First means we want America to WIN. Playing for second place doesn’t cut it. <a href="https://t.co/ZsdMx4aRux" rel="noopener noreferrer nofollow">https://t.co/ZsdMx4aRux</a></p><p>— Vivek Ramaswamy (@VivekGRamaswamy) <a href="https://twitter.com/VivekGRamaswamy/status/1871998821489942687?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">December 25, 2024</a></p></blockquote><p>Industry analysts believe Trump’s presidential victory signals a green light for more than half a dozen proposed crypto ETFs awaiting regulatory approval to list in the US.</p><p>Ramaswamy has also teamed up with Elon Musk as a leader of the Department of Government Efficiency, a private initiative for cutting wasteful government spending.</p><h3 id="related-articles">Related Articles:</h3><ul><li><a href="https://insidebitcoins.com/news/department-of-government-efficiency-price-prediction-doge-pumps-40-as-this-solana-meme-coin-ico-soars-past-4-5-million" rel="noopener noreferrer nofollow">Department Of Government Efficiency Price Prediction</a></li><li><a href="https://insidebitcoins.com/news/bitcoin-price-prediction-as-trump-backed-strive-seeks-approval-for-bitcoin-bond-etf-and-traders-flock-this-v2e-crypto-before-its-launch" rel="noopener noreferrer nofollow">Bitcoin Price Prediction As Trump-Backed Strive Seeks Approval for Bitcoin Bond ETF</a></li><li><a href="https://insidebitcoins.com/news/top-5-meme-coins-to-watch-for-massive-gains-in-2025-solaxy-wall-street-pepe-turbo-ski-mask-dog-and-pudgy-penguins" rel="noopener noreferrer nofollow">Top 5 Meme Coins to Watch for Massive Gains in 2025</a></li></ul>

Asset Management Firm Founded By Vivek Ramaswamy Seeks Regulatory Approval For Bitcoin Bond ETF

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