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About Bitwise Bitcoin Standard Corporations ETF
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Inception date
Mar 11, 2025
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Bitwise Investment Manager LLC
Distributor
Foreside Fund Services LLC
ISIN
US0917485098
OWNB is designed to track an index comprising of corporations that hold bitcoin in its corporate treasury holdings. These corporations are believed to have adopted the bitcoin standard and have at least 1,000 bitcoins in their financial reserves. The fund does not directly invest in bitcoin nor hold derivatives referencing bitcoin and instead invests in equity securities of both US and foreign companies. Besides owning 1000+ bitcoins, the eligible company must meet the size, liquidity, and free float requirements to be selected. The final constituents are then assigned a weight based on the market-value of its bitcoin holdings with a 20% capping for the largest constituent, 12% for the second largest, and 10% for the rest. The index is rebalanced and reconstituted on a quarterly basis.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Stocks103.41%
Technology Services74.65%
Consumer Durables4.95%
Consumer Services3.83%
Health Technology3.28%
Commercial Services3.20%
Finance3.19%
Distribution Services2.87%
Electronic Technology1.58%
Retail Trade1.54%
Health Services0.90%
Bonds, Cash & Other−3.41%
Cash−3.41%
Stock breakdown by region
North America78.50%
Asia19.80%
Europe1.70%
Latin America0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
OWNB invests in stocks. The fund's major sectors are Technology Services, with 77.20% stocks, and Consumer Durables, with 5.12% of the basket. The assets are mostly located in the North America region.
OWNB top holdings are Strategy Inc Class A and MARA Holdings, Inc., occupying 19.99% and 8.90% of the portfolio correspondingly.
OWNB assets under management is 37.96 M USD. It's risen 13.32% over the last month.
OWNB fund flows account for 32.06 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, OWNB doesn't pay dividends to its holders.
OWNB shares are issued by Bitwise Asset Management, Inc. under the brand Bitwise. The ETF was launched on Mar 11, 2025, and its management style is Passive.
OWNB expense ratio is 0.85% meaning you'd have to pay 0.85% of your investment to help manage the fund.
OWNB follows the Bitwise Bitcoin Standard Corporations Index - Benchmark TR Net. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
OWNB invests in stocks.
OWNB trades at a premium (0.31%) meaning the ETF is trading at a higher price than the calculated NAV.