This ETF slid under my radar!
OWNB tracks an index of companies that hold at least 1,000 bitcoin in their treasury holdings. Securities are also weighted in the portfolio based on the amount of bitcoin held. It does not directly invest in bitcoin nor hold derivatives referencing bitcoin. The listed name for OWNB is Bitwise Bitcoin Standard Corporations ETF.
Fold sent out an email alert about this news. Currently the ETF is trading at about $27.85 up about 18% since it’s March 11th debut.