On March 11th, COINOTAG reported the launch of the Bitcoin Standard Corporations ETF (Ticker: OWNB) by Bitwise on the New York Stock Exchange Arca. This innovative ETF is designed to monitor the performance of companies that hold over 1,000 BTC, thereby providing exposure to the growing crypto sector through established firms. The ETF is aligned with the Bitwise Bitcoin Standard Companies Index, ensuring a comprehensive approach to investment in the digital asset landscape.
Upon its debut, the top 10 holdings within the index prominently featured firms such as Strategy (MSTR) at 20.87%, followed by Marathon Digital Holdings (MARA) at 12.12%. Additional key players included CleanSpark (CLSK 6.26%), Riot Platforms (RIOT 6.23%), and Boyaa Interactive (434 HK 5.75%). The index also comprises notable names like Metaplanet (3350 JP 5.25%) and Galaxy Digital (GLXY CN 3.99%), positioning this ETF as a critical vehicle for investors keen on diversifying their portfolios in the burgeoning crypto market.