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Bitwise Launches an ETF Focused on Companies with at Least 1,000 BTC in Their Treasury

Bitwise Launches an ETF Focused on Companies with at Least 1,000 BTC in Their Treasury

Bitwise has launched a new exchange-traded fund. The Bitwise Bitcoin Standard Corporations ETF (OWNB) debuted on Tuesday.

It focuses on stocks of companies holding over 1,000 bitcoin in their corporate treasuries, with more than 70 such companies identified.

The ETF’s leading asset is Strategy, followed by crypto mining firms MARA, CleanSpark, and Riot Platforms. The top ten holdings also include Boyaa Interactive, Metaplanet, Aker ASA, Bitfarms, BitFuFu, and Galaxy Digital.

“Companies adding bitcoin to their balance sheets is an emerging trend, with more exploring this as bitcoin becomes mainstream,” stated Bitwise President Teddy Fusaro in a post on X. “We are proud to offer this exposure starting today through OWNB.”