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Bitwise ETFCoinGape
•Business
Business & Economics
67% Informative
Bitwise has launched a new ETF tracking companies with Bitcoins on their balance sheets.
Firms in the index are required to hold at least 1,000 Bitcoins in their corporate treasuries.
The fund, dubbed the Bitwise Standard Corporations ETF , is the first of its kind and will operate with the ticker OWNB .
The rollout comes in the middle of BTC ETF outflows as investors’ appetites reach new lows for Bitcoin .
Strategy, MARA Holdings, Clean Spark , Riot Platforms , and Boyaa Interactive among others will be indexed.
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