Bitwise Investments has included Fold Holdings and Bitdeer Technologies in the Bitwise Bitcoin Standard Corporations ETF.
New Additions to the Fund
Fold Holdings, a financial services firm founded in 2019, and Bitdeer Technologies, a mining company, have been added to the Bitwise Bitcoin Standard Corporations ETF.
ETF Structure and Participants
The OWNB fund now includes 22 companies collectively holding over 648,000 BTC. The fund does not invest directly in bitcoin or indirectly through derivatives.
Strategies and Market Impact
Companies like Strategy, MARA, and Riot have significant weights in the index, while Metaplanet actively purchases bitcoin, increasing its assets to 3,350 BTC. The ETF covers 3.2% of the total bitcoin market.
The addition of new companies to the Bitwise Bitcoin Standard Corporations ETF strengthens its market position and demonstrates significant impact on the bitcoin asset segment.
