Silvia files for 5 ETFs including Bitcoin treasury mNAV discount fund

Silvia, an AI-focused financial firm, has filed applications for five ETFs, including a Bitcoin treasury mNAV discount ETF, according to Bloomberg ETF analyst Eric Balchunas. Balchunas said the product would buy when mNAV falls below 1.0x and sell when it rises above 1.15x, while allocating larger weightings to assets trading at steeper discounts. Silvia also filed applications for an anti-currency issuance ETF holding assets such as Bitcoin, gold and land; a Jensen interview ETF holding companies Jensen Huang mentioned in interviews over the past 30 days; an Elon Musk ETF holding Tesla, SpaceX and a 15% stake in private companies founded by Musk; and a best ideas ETF based on stock picks recommended by guests on Phil Rosen’s podcast.