Share this article
Bitwise Launches ETF of Firms Holding Over 1K Bitcoin, Strategy Takes a 20% Weighting
New ETF tracks public companies holding at least 1,000 bitcoin.
Mar 11, 2025, 1:55 p.m.
Make us preferred on Google
What to know:
- Bitwise introduces a new ETF (OWNB) that tracks publicly traded companies holding at least 1,000 Bitcoin.
- The ETF rebalances quarterly, with top holdings including Strategy, MARA Holdings, and CleanSpark.
Bitwise Invest has launched the Bitwise Bitcoin Standard Corporations ETF (OWNB), an exchange-traded fund designed to track publicly traded companies that hold at least 1,000 bitcoin .
The index follows specific rules: companies must hold a minimum of 1,000 BTC, with holdings weighted based on the amount of bitcoin owned. The largest holding is capped at 20%, while companies with less than 33% of their assets in bitcoin are weighted at 1.5%. The index rebalances every quarter.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
According to Bitwise, publicly traded companies collectively held 591,817 BTC as of the end of 2024. The ETF, which will trade on NYSE Arca, has an expense ratio of 0.85%.
Bitwise has identified 70 public companies that currently hold bitcoin on their balance sheets.
The fund's top three holdings of the ETF include Strategy (20.87%), MARA Holdings (12.12%), and CleanSpark (6.26%).
Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy.
More For You
More For You
Trump-linked Truth Social seeks SEC approval for two crypto ETFs
The filings include a bitcoin and ether ETF and a staking-focused Cronos fund, deepening the Truth Social brand’s ambitions in digital asset investing.
What to know:
- Yorkville America Equities, the firm behind Truth Social–branded ETFs, has filed with the SEC to launch a Truth Social Bitcoin and Ether ETF and a Truth Social Cronos Yield Maximizer ETF.
- The proposed Cronos-focused ETF would invest in and stake Cronos (CRO) tokens, aiming to generate yield through staking rewards in addition to price exposure.
- If approved, the funds would be launched in partnership with Crypto.com, which would provide custody, liquidity and staking services, and be distributed through its affiliate Foris Capital US LLC.
Top Stories
