Bitwise Invest launched the Bitwise bitcoin standard corporations etf .
The index complies with specific policies: companies must hold a minimum of 1,000 BTC, with weights based on the volume of bitcoin ownership. The largest handling was trapped by 20%, while companies with less than 33%of their property in Bitcoin weigh 1.5%. The index re -balances every quarter.
According to Bitwise, the companies that are publicly exchanged will be collectively held 591,817 BTC until the end of 2024. The ETF, a merchant in the NYSE ARCA, has a cost ratio of 0.85%.
Bitwise identified 70 public companies that are currently holding Bitcoin on their balance sheets.
The top three ETF funds include approach (20.87%), Mara Holdings (12.12%), and Cleanspark (6.26%).
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