Key Takeaways:
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.