BitWise Invest has launched Bitwise Bitcoin Standard Corporations ETF (OWNB), a stock exchange fund designed to track public traded companies that have at least 1,000 Bitcoin (BTC).

The index follows specific rules: Companies must have at least 1,000 BTC, with possessions weighted based on the amount of Bitcoin -owned. The largest inventory is limited to 20%, while companies with less than 33%of their assets in Bitcoin are weighted to 1.5%. The index rebalans every quarter.

According to Bitwise, public traded companies had collected 591,817 BTC by the end of 2024. ETF, which will trade at NYSE ARCA, has a cost ratio of 0.85%.

Bitwise has identified 70 public companies that currently have Bitcoin on their balance.

The fund’s top three holdings of ETF include strategy (20.87%), Mara Holdings (12.12%) and Cleanspark (6.26%).

Disclaimer: Parts of this article were generated with the help of AI tools and reviewed by our editorial team to ensure accuracy and compliance with our standards. For more information, see Coindesk’s full AI policy.