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OWNB: Bitwise’s Innovative ETF for Bitcoin Standard Corporations

MI

Bitwise Asset Management has introduced the Bitcoin Standard Corporations ETF (OWNB). It launched on March 10, 2025. This fund offers a new way for investors to get into Bitcoin, through public companies instead of direct crypto.

The OWNB ETF follows the Bitwise Bitcoin Standard Corporations Index. It focuses on companies with big Bitcoin reserves. To be included, a company must hold at least 1,000 Bitcoin.

With over 70 public companies now holding more than 650,000 Bitcoin, corporate adoption is on the rise. The fund includes big names like Strategy and Mara Holdings. CleanSpark and Riot Platforms are also among the top holdings at launch.

The Bitcoin Standard Corporations ETF trades on NYSE Arca with a 0.85% expense ratio. Bitwise Investment Manager, LLC oversees the fund. Bank of New York Mellon is the custodian. This launch is a big step for investors looking for a mix of cryptocurrency and traditional market structures.

Key Takeaways

Introducing OWNB: Bitwise’s New Bitcoin-Focused ETF

The Bitwise Bitcoin Standard Corporations ETF (OWNB) launched on March 11, 2024. It’s a new way to invest in digital assets. This ETF tracks companies with big Bitcoin holdings, letting investors get into Bitcoin without owning it directly.

bitwise bitcoin etf portfolio composition

It focuses on 21 companies with huge Bitcoin reserves, over $54 billion by mid-March 2024. MicroStrategy leads with nearly 499,096 BTC, worth around $40 billion. This makes it the biggest corporate Bitcoin treasury globally.

Key Features of the Bitcoin Standard Corporations ETF

OWNB is different because it uses corporate balance sheets for exposure. It uses a special method to make sure no single company is too big. This keeps the investment spread out.

This digital asset etf includes big names in blockchain:

Official Launch Timeline and Availability

The ETF started trading on NYSE Arca on March 11. This is a big moment for Bitcoin treasury strategies. Over 70 companies now hold Bitcoin as a reserve asset.

The shift toward Bitcoin represents a fundamental rethinking of corporate treasury management. Many firms view Bitcoin as a strategic reserve asset that is both liquid and scarce, offering protection against monetary instability in an era of significant government deficits.

Initial Market Response to OWNB

The market has welcomed the ETF well. It shows more people want to invest in Bitcoin through traditional markets. The ETF offers a chance to avoid low-yield cash positions, which are worth $5 trillion.

With Strive and REX Shares also launching soon, there’s a growing interest in corporate Bitcoin exposure. This is a big step for mainstream investors.

How OWNB Differs from Traditional Bitcoin ETFs

The Bitwise Bitcoin Standard Corporations ETF (OWNB) is different from other Bitcoin ETFs. It doesn’t hold Bitcoin directly. Instead, it invests in companies that keep Bitcoin in their treasuries.

OWNB has strict rules for picking companies. They must hold at least 1,000 Bitcoin and have a market value of $100 million or more. This way, it offers a unique mix of corporate performance and Bitcoin value.

The fund uses a special weighting system. No company can be more than 25% of the index. Companies with less than 33% Bitcoin get a 1.5% weighting. MicroStrategy leads with 20.87%, followed by Marathon Digital at 12.12%, and CleanSpark at 6.26%.

With over 70 companies holding Bitcoin, OWNB gives investors a chance to diversify. It’s a way to invest in companies that use Bitcoin in their financial plans.

The expense ratio is 0.85%, which is different from some bitcoin tracking stocks. The fund rebalances every quarter. This keeps the right mix of Bitcoin and company valuations. It offers benefits beyond just Bitcoin price changes, as investors see both Bitcoin growth and company performance.

Bitwise Launches Bitcoin Standard Corporations ETF (OWNB) Tracking Firms: A Closer Look

The Bitwise Bitcoin Standard Corporations ETF (OWNB) is a new way to invest in bitcoin investment trust. It started on March 11, 2025. This bitcoin etf focuses on companies that hold a lot of Bitcoin, not the cryptocurrency itself.

Selection Criteria for Companies in the Index

OWNB is a blockchain index fund with clear rules. Companies need to have at least 1,000 Bitcoin in their treasury to be included. This rule helps the fund track businesses that really believe in Bitcoin.

After checking, 21 public companies worldwide were picked. They hold about 591,817 BTC together. This shows more companies are using Bitcoin instead of traditional money.

Current Portfolio Composition and Holdings

The digital asset index fund has a mix of companies based on their Bitcoin. Strategy (formerly MicroStrategy) is the biggest, with over 499,000 BTC. MARA Holdings is also big, with a lot of Bitcoin.

There are companies from different areas:

Rebalancing Methodology and Frequency

The bitwise own blockchain index rebalances every quarter. This keeps the mix right. No company can have more than 20% of the fund.

This method is good for investors who want to see how companies use Bitcoin. OWNB gives a chance to see how companies around the world use Bitcoin. It’s a way to invest in Bitcoin without buying it directly.

The Rise of Corporate Bitcoin Holdings and Its Market Impact

Corporate treasuries worldwide are changing fast as more companies adopt Bitcoin. Over 70 companies now hold Bitcoin, showing a big shift in how they manage money. This change comes as U.S. non-financial companies have over $4.5 trillion in cash and almost $1 trillion in U.S. Treasuries.

Major Corporations Adopting Bitcoin Treasury Strategies

In 2020, several big companies started buying Bitcoin. They see it as a smart move to protect against money troubles. Now, bitcoin tracking stocks let investors follow this trend without owning Bitcoin directly.

Together, these companies hold over 650,000 BTC, worth billions today. This big amount of Bitcoin could change its price over time. The bitwise bitcoin etf lets people invest in this trend through usual investment options.

Financial Implications for Corporate Bitcoin Holders

Companies with Bitcoin have seen different financial results. They face new challenges like more volatility and tricky accounting. Now, their financial reports include Bitcoin, needing new ways to value and report it.

For those looking to diversify, a cryptocurrency etf or blockchain index fund can offer a way in. Below is a table showing some big companies with Bitcoin and how much they have:

Company Estimated Bitcoin Holdings Approximate % of Treasury
MicroStrategy 158,200+ BTC Primary treasury asset
Tesla 11,500+ BTC Small percentage
Block Inc. 8,000+ BTC Moderate allocation
Marathon Digital 13,700+ BTC Core business asset

Investment Potential and Risk Considerations for OWNB

The Bitwise Bitcoin Standard Corporations ETF (OWNB) is a great choice for those interested in Bitcoin. It lets investors tap into the Bitcoin world through companies that use it wisely. This mix of Bitcoin’s growth potential and solid business operations is unique.

Bitcoin’s market has seen ups and downs, with prices hitting $76,500 before rising again. Experts like Kendrick think Bitcoin could hit $200,000 by 2025 and $250,000 by 2026. This shows OWNB’s strong investment potential.

Also, OWNB might help diversify your portfolio, thanks to its link with U.S. tech stocks. As rules for digital assets get clearer, the crypto market is set to grow and innovate more.

FAQ

What is the Bitwise Bitcoin Standard Corporations ETF (OWNB)?

OWNB is a new exchange-traded fund (ETF) by Bitwise. It lets investors get into companies that hold Bitcoin, not the cryptocurrency itself.

How does OWNB differ from traditional Bitcoin ETFs?

OWNB is different from other Bitcoin ETFs. It focuses on companies that use Bitcoin as a treasury asset. This way, investors can see the value of Bitcoin and the company’s performance.

What are the key features of the Bitwise Bitcoin Standard Corporations ETF?

OWNB has a 0.85% expense ratio. It looks for companies with at least 1,000 Bitcoin. The fund weights these companies by their Bitcoin holdings, offering a unique way to invest in Bitcoin.

When was OWNB launched and where is it traded?

OWNB started on March 10, 2025. It’s listed on the NYSE Arca exchange. It’s available through many brokerages, making it easy for investors to buy.

How has the market responded to the launch of OWNB?

The market has welcomed OWNB well. It has seen high trading volumes and more investors. Experts say it’s a good choice for those wanting to invest in Bitcoin through stocks.

What are the selection criteria for companies included in the Bitwise Bitcoin Standard Corporations Index?

Companies must hold at least 1,000 Bitcoin. Bitwise checks these holdings through financial reports. This creates a mix of companies from various sectors and places.

What are the top holdings in the OWNB portfolio?

OWNB’s biggest holdings are Strategy (22.26%), MARA Holdings (11.79%), and others. These companies are big Bitcoin holders, showing a wide range of industries using Bitcoin.

How does the rebalancing process work for the Bitwise Bitcoin Standard Corporations Index?

The index rebalances every quarter. It keeps the right mix of companies. There’s a 20% cap on any one company and a 1.5% fixed allocation for smaller Bitcoin holdings. This helps the index stay aligned with the companies’ Bitcoin holdings.

How has the rise of corporate Bitcoin adoption impacted the market?

More companies using Bitcoin has boosted demand and changed supply. This has affected Bitcoin’s price. OWNB aims to capture this important trend.

What are the financial implications for companies holding Bitcoin on their balance sheets?

Companies with Bitcoin on their balance sheets face challenges. They deal with accounting issues, stock price swings, and how investors see them. OWNB shows both successes and challenges in this area.

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