Bitwise Asset Management has launched the Bitise Bitcoin Standard Corporations ETF (OwnB). This is a new investment product designed to be exposed to companies that hold important Bitcoin reserves.
According to a statement from March 11, ETF will follow the Bitise Bitcoin Standard Corporations Index. This includes companies that have integrated Bitcoin into the financials of the company.
Bitise Cio Matt Hougan highlighted the rationale behind the company Bitcoin Holdings. He noted that businesses hold 1 trillion in cash while the US government operates an annual deficit of over $2 trillion.
As a result, many companies view Bitcoin as a strategic reserve asset. It is liquid, rare and independent of government monetary policy.
Hogan said:
“Companies recognize Bitcoin as a liquid and rare strategic reserve asset, not subject to government whims and money printing. We are only beginning here, and this ETF is giving innovative companies an exposure to investors at the forefront of this trend.”
Meanwhile, Bitise CEO Hunter Horsley pointed out that several companies follow the strategy and the blueprint set by Michael Saylor.
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According to the statement, businesses must hold at least 1,000 BTC to qualify for inclusion. The index is retained based on ownership of Bitcoin, ensuring diversification.
Bitiwise explained that no one company accounts for more than 20% of rebalancing, and that Bitcoin represents companies with less than 33% of total assets receiving an automatic weight of 1.5%.
At launch, the strategy retains its largest index share at 20.87%, reflecting its aggressive Bitcoin accumulation strategy.
Bitcoin mining company Mara Holdings accounted for 12.12%, while CleanSpark and Riot platforms, both focused on energy-efficient Bitcoin mining, account for 6.26% and 6.23%, respectively.
Meanwhile, companies based in Asia are not ruled out, with Chinese gaming giant Boyaa Interactive Metaplanet, a Japanese company with 5.75% and 5.25% exposure.
Furthermore, Norwegian industrial investment company Aker ASA accounted for 4.63% of the index, with Bitcoin Mining Operations BitFarm and Bitfufu at 4.30% and 4.03%, respectively. Financial services company Galaxy Digital concluded Top Holdings with 3.99%.
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