Bitwise Bitcoin Standard Corporations ETF
Key Statistics
Historical Performance
Total return including reinvested distributions, from adjusted closing prices.
Price History
Price history is being compiled for this fund.
Top Holdings
Top 25 holdings as of Mar 31, 2026 · source: SEC N-PORT. Full holdings & prospectus →
About OWNB
Under normal marketconditions, the Fund invests at least 80% of its net assets plus borrowings in the securities comprising the Index. The Fund, usinga full replication approach, attempts to reproduce, before fees and expenses, the performance of the Index. The index provider,administrator and owner of the Index is Bitwise Index Services LLC (the “Index Provider”). Bitwise Investment Manager,LLC serves as the Fund’s investment adviser (“BIM” or the “Adviser”). The Index seeks to provide exposureto the performance of corporations that have adopted the “bitcoin standard” (“Bitcoin Standard Corporations”).Such corporations are those that hold bitcoin as a corporate treasury asset. In order to be eligible for inclusion in the Index, a companymust hold at least 1,000 bitcoin in its corporate treasury. The Index Provider relies upon quarterly and annual corporate reports to identifysuch eligible companies. Once identified, the Index Provider removes from consideration all companies without: (i) a market capitalizationof at least $250 million; (ii) a three-month average daily traded value of at least $500,000; (iii) a public free float of less than 10%and (iv) a share price exceeding $50,000. The Index selects for inclusion each eligible security that complies with the size, liquidityand free float requirements. Each security selected for inclusion is then assigned weight based upon the market value of its bitcoin holdings,subject to certain diversification requirements. The largest constituent in the Index at each quarterly rebalancing will have its weightcapped at 20% of the Index. The second largest constituent of the Index at each quarterly rebalancing will have its weight capped at 12%of the Index. No other constituent can have a weight higher than 10% of the Index. Any excess weight will be reallocated to other constituentson an equal-weighted basis. The Fund will invest at least80% of its net assets plus borrowings in securities issued by Bitcoin Standard Corporations. For purposes of compliance with this test,the Fund defines “Bitcoin Standard Corporations” as those companies selected for inclusion in the Index. The Fund will not invest directlyin bitcoin, derivatives that reference bitcoin, exchange-traded commodity-based trusts whose business consists solely of buying and holdingbitcoin, or other exchange-traded products that seek to provide “pure-play” or leveraged exposure to bitcoin. The Fund’sholdings will be equity securities in the form of common stock, depositary receipts (both American Depositary Receipts (“ADRs”)and Global Depositary Receipts (“GDRs”), tracking stocks and other equity units. Such securities may be issued be U.S. andnon-U.S. companies, including companies operating in emerging market countries. Such companies may have small-, mid- or large-capitalizations. The Index is rebalanced andreconstituted quarterly, and the Fund will make corresponding changes to its portfolio shortly after the Index changes are made public. The Fund will be concentratedin an industry or a group of industries to the extent that the Index is so concentrated. As of March 1, 2026, the Index was concentratedin companies comprising the information technology sector, although this may change from time to time. To the extent the Fund investsa significant portion of its assets in a given jurisdiction or investment sector, the Fund may be exposed to the risks associated withthat jurisdiction or investment sector. The Index Provider is an affiliateof the Adviser. The Index Provider may prescribe changes to the selection criteria and other rules governing the Index and the methodapplied to calculate the Index, which it deems to be necessary and desirable in order to prevent material errors or to remedy, corrector supplement the Index methodology. The Fund is classified as “non-diversified”under the Investment Company Act of 1940 (the “1940 Act”). Additional Informationabout Bitcoin Bitcoin is a decentralized digitalcurrency that enables peer-to-peer transactions without the need for a central authority. It operates on the Bitcoin blockchain, a publicledger that records all transactions in a secure and transparent manner. The primary use case of the Bitcoin blockchain is to facilitatethe transfer of value between parties, effectively serving as a digital alternative to traditional currencies. New bitcoins are introducedinto circulation through a process called mining, where participants validate transactions and add them to the blockchain. Miners arerewarded with a fixed number of bitcoins for each block they successfully add, with this reward halving approximately every four yearsto control the supply. As of March 1, 2026, there were approximately 19,997,000 bitcoins in circulation, with a maximum supply cappedat 21 million, a limit expected to be reached around the year 2140. While bitcoin’s pricehas been significantly influenced by speculative trading, its valuation is also impacted by the underlying health and performance of theBitcoin network. Key metrics such as the network’s hash rate (a measure of computational power), the number of active addresses,and transaction volumes can provide insights into network security, user adoption, and overall activity, all of which contribute to bitcoin’svaluation.
OWNB News
Data for OWNB is aggregated from third-party providers (Tiingo, Nasdaq, Finnhub) and SEC filings, may be delayed at least 20 minutes, and may be incomplete or contain errors. Nothing here is investment advice. Verify with the official prospectus before investing.