Welcome to our dedicated page for Bitwise Bitcoin Standard Corporations ETF news (Ticker: OWNB), a resource for investors and traders seeking the latest updates and insights on Bitwise Bitcoin Standard Corporations ETF stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Bitwise Bitcoin Standard Corporations ETF's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Bitwise Bitcoin Standard Corporations ETF's position in the market.
Cango Inc. (NYSE: CANG), a Bitcoin mining and automotive transaction service company in China, has been included in the Bitwise Bitcoin Standard Corporations ETF (NYSE Arca: OWNB). The ETF, launched on March 11, 2025, tracks companies holding a minimum of 1,000 Bitcoins on their balance sheets.
After transitioning to a capital-light Bitcoin mining model in Q4 2024, Cango has achieved significant milestones, including:
- Industry-leading productivity of 17.81 Bitcoin per EH/s
- Secured hashrate of 32 EH/s, ranking 3rd globally
Cango Inc. (NYSE: CANG), a Bitcoin mining and automotive transaction service company in China, has been included in the Bitwise Bitcoin Standard Corporations ETF (NYSE Arca: OWNB) launched on March 11, 2025. The ETF tracks companies holding a minimum of 1,000 Bitcoins on their balance sheets.
After transitioning to a capital-light Bitcoin mining model in Q4 2024, Cango has achieved significant milestones including:
- Industry-leading productivity of 17.81 Bitcoin per EH/s
- Secured hashrate of 32 EH/s, ranking 3rd globally
Bitwise Asset Management has launched the first-of-its-kind Bitwise Bitcoin Standard Corporations ETF (OWNB) on NYSE Arca. The ETF tracks companies holding at least 1,000 bitcoin in their corporate treasuries through the Bitwise Bitcoin Standard Corporations Index.
The index's top holdings include Strategy (MSTR) at 20.87%, MARA Holdings at 12.12%, and several other companies. The index weights holdings by bitcoin ownership, caps individual holdings at 20%, and rebalances quarterly. Companies with bitcoin holdings less than 33% of current assets receive a 1.5% weighting.
The fund targets corporations viewing bitcoin as a strategic reserve asset amid concerns over government deficits and monetary policy. As of Q3 2024, U.S. nonfinancial corporations held over $4.5 trillion in currency and deposits, and nearly $1 trillion in U.S. Treasuries. The ETF will not invest directly in bitcoin or through derivatives.
FAQ
What is the current stock price of Bitwise Bitcoin Standard Corporations ETF (OWNB)?
