Bitwise Launches Bitcoin Corporate Treasury ETF: A Novel Approach to Bitcoin Exposure

Key Takeaways:


  • Bitwise has launched the Bitwise Bitcoin Standard Corporations ETF (OWNB) and aimed at companies with major Bitcoin holdings.

  • The ETF construction and weight methodology aims to deliver wide exposure to publicly traded firms with Bitcoin holdings.

  • This is part of a broader corporate trend of using Bitcoin as a balance sheet tool.

  • Bitwise Asset Management has announced the launch of an innovative new product: the Bitwise Bitcoin Standard Corporations ETF (OWNB), providing investors with a revolutionary new way to gain exposure to the Bitcoin upside. Unlike spot Bitcoin ETFs that directly hold the cryptocurrency, OWNB holds shares of publicly traded firms holding significant amounts of Bitcoin in their corporate treasuries. The fund tracks the Bitwise Bitcoin Standard Corporations Index, a set of firms owning 1,000 or more Bitcoin.


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