Bitwise releases Bitcoin-holding company value-tracking ETF

Asset management company Bitwise will launch an ETF product that tracks the value of companies that hold Bitcoin. According to reports, Bitwise is a global company that holds more than 1,000 Bitcoins.
The company will launch the Bitwise Bitcoin Standard Corporation ETF (OWNB), which tracks the value of globally listed companies.
The weights are reset every quarter. The product is being developed by a number of companies, including Strategy (formerly MicroStrategy), the US software company that holds the largest amount of Bitcoin in the world.
These include US bitcoin mining companies Mala Holdings and CleanSpark. According to Bitwise, the amount of bitcoin held by global listed companies at the end of last year was 5
That's 91,817.