### **Grayscale Launches New ETF for Companies Adopting Bitcoin**
#### **📌 Grayscale Bitcoin Adopters ETF (BCOR)**
- **Tracks companies that allocate Bitcoin in treasury** (Indxx Bitcoin Adopters Index).
- **Objective**: Provide exposure to stocks of companies that view BTC as:
- **Inflation hedge**.
- **Treasury diversification**.
- **Global portfolio**: 7 sectors & 15 different industries.
#### **🚀 Why is it Important?**
✅ **Corporate trend of buying Bitcoin is increasing** – April 2025 adds **100,000 BTC** (total **750,000 BTC**, or **3.57% of BTC supply**).
✅ **Difference with Bitwise**:
- **Bitwise Bitcoin Standard ETF** focuses on companies holding **>1,000 BTC**.
- **Grayscale BCOR** is more diversified (not just large holders).
✅ **Strong institutional signal** – Large companies are beginning to view BTC as a strategic asset.
#### **🔮 Future of "Hyperbitcoinization"?**
- **Adam Back (Blockstream CEO)**: Companies entering BTC now are **"arbitraging the future of Bitcoin"** before it becomes a *global reserve asset*.
- **Long-term target**: BTC could reach a **$100-200 trillion** market cap.
### **📌 Conclusion**
- **BCOR becomes a new choice for investors** looking for Bitcoin exposure **without buying directly**.
- **Corporations are increasingly serious about BTC** – Potential long-term buying pressure.
