Strive Asset Management, co-founded by Trump ally Vivek Ramaswamy, has filed for a bitcoin (BTC-USD) bond ETF focused on convertible securities issued by MicroStrategy (NASDAQ:MSTR) or other companies that will invest all or most of the proceeds to buy the cryptocurrency.

Strive Asset Management, founded by Vivek Ramaswamy, has asked for permission to list an ETF seeking exposure to convertible bonds issued by MicroStrategy and other Bitcoin buyers.

Vivek Ramaswamy's Strive Asset Management files for Bitcoin Bond ETF with the US SEC, potentially boosting BTC's appeal which could push the price to a new high ahead.

Strive is launching an ETF that invests in bonds issued by companies using the proceeds to acquire Bitcoin. The ETF will primarily target companies like