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- Bitwise introduces OWNB ETF, tracking companies holding over 1,000 Bitcoin, reflecting a corporate shift toward digital reserves.
- The U.S. government and institutional investors are increasing Bitcoin holdings, reinforcing its role as a strategic financial asset.
- OWNB provides investors indirect Bitcoin exposure while maintaining diversification and regulatory compliance in the crypto market.
Bitwise Asset Management has introduced a financial product for institutional investors looking for indirect Bitcoin exposure in a structured manner. The Bitwise Bitcoin Standard Corporations ETF (OWNB) tracks companies holding significant Bitcoin reserves, showing an increasing corporate trend in cryptocurrency adoption.
According to reports, the ETF includes publicly traded companies maintaining at least 1,000 Bitcoin in their treasury reserves for strategic purposes. The fund allocates holdings based on the Bitcoin reserves of each company, ensuring diversification with a 20% cap per entity.
Growing Adoption of Bitcoin as a Corporate Reserve Asset
The launch of OWNB indicates a growing trend of Bitcoin adoption among corporations, mitigating inflation and economic fluctuations through digital assets. Several government agencies and institutional organizations have started integrating Bitcoin as a reserve asset within their financial strategies.
The U.S. government presently builds Bitcoin reserves to maintain its national financial stability. Sunnyvale’s Public Safety Officers’ Association established itself as the initial police and fire department to invest in Bitcoin.
The Bitwise ETF allows investors to access Bitcoin exposure without maintaining direct ownership of crypto assets. The investment approach enables Bitcoin access to individuals who want market stability and standardized oversight regulations.
Bitwise Expands Crypto Investment Options
Founded in 2017, Bitwise has built a reputation for launching innovative crypto-focused financial products tailored for institutional investors. The firm was among the first to introduce a spot Bitcoin ETF in the United States for investors.
The cryptocurrency tracking fund from Bitwise gives investors exposure to the top ten cryptocurrencies based on market capital. OWNB proves that Bitwise continues to create asset products linked to cryptocurrency market conditions.
As Bitcoin continues gaining recognition as a corporate treasury asset, financial institutions are expanding their offerings to meet investor demand. The launch of OWNB aligns with the evolving market, providing structured investment solutions for those interested in Bitcoin.
Also Read: Peter Schiff Criticizes Trump’s Executive Order on Strategic Bitcoin Reserve
