{"id":17216,"date":"2025-03-11T14:01:52","date_gmt":"2025-03-11T14:01:52","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=17216"},"modified":"2025-03-11T14:01:52","modified_gmt":"2025-03-11T14:01:52","slug":"bitwise-launches-etf-of-firms-holding-over-1k-bitcoin-strategy-takes-a-20-weighting","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=17216","title":{"rendered":"Bitwise Launches ETF of Firms Holding Over 1K Bitcoin, Strategy Takes a 20% Weighting"},"content":{"rendered":"<div>\n<p>Bitwise Invest has launched the <a href=\"https:\/\/x.com\/BitwiseInvest\/status\/1899445386038620631\" target=\"_blank\">Bitwise Bitcoin Standard Corporations ETF<\/a> (OWNB), an exchange-traded fund designed to track publicly traded companies that hold at least 1,000 bitcoin (BTC).<\/p>\n<p>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. <\/p>\n<p>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%. <\/p>\n<p>Bitwise has identified 70 public companies that currently hold bitcoin on their balance sheets. <\/p>\n<p>The fund&#8217;s top three holdings of the ETF include Strategy (20.87%), MARA Holdings (12.12%), and CleanSpark (6.26%).<\/p>\n<p>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 <a href=\"https:\/\/www.coindesk.com\/ethics\" target=\"_blank\">our standards<\/a>. For more information, see <a href=\"https:\/\/www.coindesk.com\/coindesk-news\/2023\/04\/14\/how-coindesk-will-use-generative-ai-tools\" target=\"_blank\">CoinDesk\u2019s full AI Policy<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>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 (BTC). 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 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-17216","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/17216","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=17216"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/17216\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=17216"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=17216"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=17216"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}