Bitwise Bitcoin Standard Corporations ETF (OWNB)
Market Closed
17 Jul, 20:00
ARCA ARCA Primary $
16. 87
-0.36
-2.1178%
$
23.76M Market Cap
0.19% Div Yield
1,300 Volume
$ 17.23
Previous Close Investors:
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OWNB: A Balanced Bet Between Bitcoin Exposure And Leverage
Bitwise's OWNB ETF offers a middle ground for investors seeking amplified Bitcoin exposure with lower leverage risk through a diversified portfolio of Bitcoin-exposed equities. OWNB includes Bitcoin treasury companies and miners, providing indirect leveraged exposure to Bitcoin while mitigating concentration risk through quarterly rebalancing and a 20% cap on largest holdings. The ETF aims to balance higher beta to Bitcoin with reduced volatility compared to fully leveraged ETFs, appealing to moderately risk-tolerant investors.
Seekingalpha | 1 year ago
