Key stats
About Bitwise Funds Trust Bitwise Bitcoin Standard Corporations ETF
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Inception date
Mar 11, 2025
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Bitwise Investment Manager LLC
Distributor
Foreside Fund Services LLC
OWNB is designed to track an index comprising of corporations that hold bitcoin in its corporate treasury holdings. These corporations are believed to have adopted the bitcoin standard and have at least 1,000 bitcoins in their financial reserves. The fund does not directly invest in bitcoin nor hold derivatives referencing bitcoin and instead invests in equity securities of both US and foreign companies. Besides owning 1000+ bitcoins, the eligible company must meet the size, liquidity, and free float requirements to be selected. The final constituents are then assigned a weight based on the market-value of its bitcoin holdings with a 20% capping for the largest constituent, 12% for the second largest, and 10% for the rest. The index is rebalanced and reconstituted on a quarterly basis.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Stocks100.01%
Technology Services79.33%
Consumer Services7.41%
Health Technology4.30%
Finance3.66%
Consumer Durables1.68%
Distribution Services1.63%
Commercial Services1.22%
Electronic Technology0.77%
Bonds, Cash & Other−0.01%
Cash−0.01%
Stock breakdown by region
North America80.60%
Asia19.40%
Latin America0.00%
Europe0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history