Grayscale Launches Grayscale® Bitcoin Adopters ETF (Ticker: BCOR)

Core Viewpoint - Grayscale has launched the Grayscale Bitcoin Adopters ETF (Ticker: BCOR), which provides investors exposure to companies that have adopted Bitcoin as a treasury reserve asset [1][2]. Company Overview - Grayscale is the world's largest crypto-native asset manager, founded in 2013, with a decade-long track record in crypto investing [7]. - The company aims to enable investors to access the digital economy through various investment products [7]. ETF Details - The Grayscale Bitcoin Adopters ETF specifically invests in companies included in the Indxx Bitcoin Adopters Index, which measures the performance of firms that have adopted Bitcoin for corporate treasury management [2][6]. - The ETF captures the trend of corporate Bitcoin adoption, providing diversified global equity exposure across 7 sectors and 15 industries [3]. Investment Strategy - The ETF offers a way for investors to gain exposure to companies integrating Bitcoin into their balance sheets without needing to hold Bitcoin directly [4]. - It is designed for investors seeking a forward-looking strategy that reflects the growing trend of Bitcoin as a hedge against inflation and a tool for treasury diversification [3][4]. Investment Restrictions - The Fund will not invest directly in digital assets or initial coin offerings, but may have indirect exposure through investments in companies that utilize digital assets [5][6].