OWNB
Bitwise Bitcoin Standard Corporations ETF
Today, more than 70 public companies collectively hold more than 650,000 bitcoin. OWNB is an equity index fund that provides exposure to forward-looking corporations with at least 1,000 bitcoin on their balance sheets.
The Fund does not invest in bitcoin directly or indirectly through the use of derivatives.
Holdings
OWNB Holdings
All Holdings
| Name | Ticker | Bitcoin Holdings (BTC)* | Value of Bitcoin Holdings (USD)* | Shares | Market Value | Weight (%) |
| Strategy | MSTR | 499,096 | $47,102,988,545 | 3,039 | $1,120,509.69 | 25.48% |
| MARA Holdings | MARA | 45,659 | $4,309,141,636 | 32,692 | $467,495.60 | 10.63% |
| Riot Platforms | RIOT | 18,692 | $1,764,087,594 | 52,144 | $405,158.88 | 9.21% |
| Exodus Movement | EXOD | 1,900 | $179,315,559 | 5,463 | $248,566.50 | 5.65% |
| CleanSpark | CLSK | 11,177 | $1,054,847,370 | 22,220 | $200,202.20 | 4.55% |
| Hut 8 | HUT | 10,171 | $959,904,500 | 14,555 | $195,037.00 | 4.44% |
| Semler Scientific | SMLR | 3,192 | $301,250,139 | 5,260 | $193,778.40 | 4.41% |
| Boyaa Interactive | 434 HK | 3,183 | $300,400,750 | 316,708 | $182,099.50 | 4.14% |
| HIVE Digital | HIVE | 2,805 | $264,726,391 | 96,784 | $173,133.99 | 3.94% |
| Bitfarms | BITF | 1,260 | $118,914,529 | 155,767 | $162,918.57 | 3.70% |
| Metaplanet | 3350 JP | 2,888 | $272,559,650 | 70,000 | $162,875.51 | 3.70% |
| Cipher Mining | CIFR | 1,032 | $97,396,662 | 50,438 | $155,349.04 | 3.53% |
| BitFuFu | FUFU | 1,800 | $169,877,898 | 27,676 | $107,936.40 | 2.45% |
| Cango | CANG | 1,945 | $183,562,506 | 19,263 | $82,445.64 | 1.87% |
| Nexon Co, Ltd | 3659 JP | 1,717 | $162,044,639 | 4,800 | $74,929.68 | 1.70% |
| Galaxy Digital | GLXY CN | 3,150 | $297,286,322 | 4,970 | $73,957.59 | 1.68% |
| Tesla | TSLA | 11,509 | $1,086,180,404 | 249 | $70,952.55 | 1.61% |
| Block | XYZ | 8,485 | $800,785,536 | 1,094 | $63,550.46 | 1.45% |
| Coinbase | COIN | 9,183 | $866,660,410 | 300 | $62,892.00 | 1.43% |
| Bitdeer Technologies | BTDR | 1,039 | $98,057,298 | 5,946 | $62,611.38 | 1.42% |
| Canaan | CAN | 1,355 | $127,880,307 | 51,584 | $42,969.47 | 0.98% |
Holdings are subject to change. Current and future holdings are subject to risk. Shares, Market Value, and Weight as of 04/24/2025.
Bitcoin Holdings data is from the most recent company filings as of 03/08/2025.
Value of Bitcoin Holdings is calculated using the BTC-USD price as of 03/08/2025.
More than 70 public companies
collectively hold 650,000+ bitcoin.
View Full ListSource: Bitwise Asset Management with data from company filings as of 03/08/2025.
Methodology
- Companies must own at least 1,000 bitcoin.
- Holdings are weighted by the amount of bitcoin owned (subject to certain limits).
- The largest holding is capped at 20% at each rebalance for diversification.
- Eligible companies that have less than 33% of their assets in bitcoin are weighted at 1.5%.
Bitcoin Held by Public Corporations
Data as of 12/31/2024
Source: Bitwise Asset Management with data from Bitcointreasuries.net.
Why invest in OWNB?
The Bitwise Bitcoin Standard Corporations ETF is the first ETF focused on companies that hold at least 1,000 bitcoin on their balance sheets. At a time when U.S. companies are sitting on trillions in low-yielding cash and U.S. Treasuries, these corporations are embracing bitcoin as a strategic reserve asset.
Exposure to a Growing Corporate Trend
With many companies around the world holding record amounts of cash, some have begun allocating to bitcoin as a potential long-term hedge. Today, more than 70 publicly traded companies—from Strategy and Coinbase to Block and Tesla—own bitcoin on their balance sheets. And the number is growing. OWNB captures these firms in an index strategy, providing broad-based exposure to a significant, fast-growing trend.
Access to Innovative Companies in a Familiar ETF Wrapper
OWNB allows investors to gain exposure to a diverse array of forward-thinking companies through a familiar ETF wrapper. As an ETF, OWNB is designed to fit easily into the workflow of investment professionals and financial advisors, integrating into portfolio management, reporting, and administrative software tools.
Managed by Crypto Specialists
OWNB and its underlying index were created by the crypto specialists at Bitwise, whose sole mission since 2017 has been helping investors access and understand the opportunities in crypto. OWNB is the latest addition to Bitwise’s suite of 30+ investment solutions across a wide range of vehicles, including ETFs, SMAs, private funds, active strategies, and staking.
Fund Summary
About the OWNB Fund
Fund Details
Data as of 04/24/2025
Ticker
OWNB
Number of Holdings
23
Adviser
Bitwise Investment Manager, LLC
Fund Type
Equity ETF
Net Assets (AUM)
$4,394,158
Legal Counsel
Chapman and Cutler, LLP
CUSIP
0917485098
Expense Ratio
0.85%
Administrator
Bank of New York Mellon
ISIN
US0917485098
Inception Date
March 10, 2025
Distributor
Foreside Fund Services, LLC
Exchange
NYSE Arca
Index
Bitwise Bitcoin Standard Corporations Index
Custodian
Bank of New York Mellon
Shares Outstanding
175,008
Index Provider
Bitwise Index Services, LLC
Premium / Discount
Data as of 04/23/2025
Net Asset Value (NAV) and Market Price
Data as of 04/23/2025
To
30 Day Median Bid-Ask Spread: The spread is calculated from (i) sampling the ETF's NBBO as of the end of each 10-second interval during each trading day of the last 30 calendar days; (ii) dividing the difference between each such bid and offer by the midpoint of the NBBO; and (iii) identifying the median of those values.
OWNB Quarter-End Performance
Data as of 03/30/2025
Performance data quoted represents past performance and is no guarantee of future results. Short-term performance, in particular, is not a good indication of the fund's future performance, and an investment should not be made based solely on returns. Investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the original cost. Returns for periods of one year or less are not annualized. For the most recent month-end performance, please call 1-415-707-3663.
Performance of one year or less is not annualized. NAV performance is calculated based on the official closing values as of 4:00 p.m. ET. Market Price performance reflects the midpoint of the bid-ask spread as of 4:00 p.m. ET, and does not represent the returns an investor would receive if shares were traded at other times. Fund returns are calculated net of expenses. Shares are subject to a 0.85% Expense Ratio that includes the management fee, custody charges for holding the fund’s assets charged by the custodian, and customary fees and expenses of the fund administrator and auditor.