{
 "ticker": "OWNB",
 "name": "Bitwise Bitcoin Standard Corporations ETF",
 "issuer": "Bitwise",
 "desk": "themes",
 "url": "https://etfiq.com/funds/ownb",
 "html": "https://etfiq.com/funds/ownb",
 "markdown": "https://etfiq.com/funds/ownb.md",
 "as_of": "2026-09-18",
 "verdict": "OWNB holds 26 stocks, and 95% of its weight is outside the S&P 500.",
 "key_facts": [
  {
   "key": "already_in_the_s_p_500",
   "label": "Already in the S&P 500",
   "value": "5.2%",
   "source": null,
   "as_of": "2026-09-18",
   "sentence": "OWNB, already in the S&P 500: 5.2%, as of Sep 18, 2026."
  },
  {
   "key": "active_share_vs_the_s_p_500",
   "label": "Active share vs the S&P 500",
   "value": "98.1%",
   "source": null,
   "as_of": "2026-09-18",
   "sentence": "OWNB, active share vs the S&P 500: 98.1%, as of Sep 18, 2026."
  },
  {
   "key": "top_ten_holdings",
   "label": "Top ten holdings",
   "value": "66.2%",
   "source": null,
   "as_of": "2026-09-18",
   "sentence": "OWNB, top ten holdings: 66.2%, as of Sep 18, 2026."
  },
  {
   "key": "total_return_1_year",
   "label": "Total return, 1 year",
   "value": "\u221235.2%",
   "source": null,
   "as_of": "2026-09-18",
   "sentence": "OWNB, total return, 1 year: \u221235.2%, as of Sep 18, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$19m",
   "source": "issuer page, as of Sep 17, 2026",
   "as_of": "2026-09-18",
   "sentence": "OWNB, net assets: $19m (issuer page, as of Sep 17, 2026)."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.85%",
   "source": "485BPOS XBRL, Apr 30, 2026",
   "as_of": "2026-09-18",
   "sentence": "OWNB, expense ratio: 0.85% (485BPOS XBRL, Apr 30, 2026)."
  }
 ],
 "fields": [
  {
   "key": "theme",
   "label": "Theme",
   "value": "Blockchain and crypto equities",
   "source": "ETFIQ, editorial"
  },
  {
   "key": "launched",
   "label": "Launched",
   "value": "Mar 11, 2025",
   "source": null
  },
  {
   "key": "already_in_the_s_p_500_by_weight",
   "label": "Already in the S&P 500, by weight",
   "value": "5.2%",
   "source": "ETFIQ"
  },
  {
   "key": "active_share_vs_the_s_p_500",
   "label": "Active share vs the S&P 500",
   "value": "98.1%",
   "source": "ETFIQ"
  },
  {
   "key": "already_in_the_nasdaq_100_by_weight",
   "label": "Already in the Nasdaq-100, by weight",
   "value": "17.6%",
   "source": "ETFIQ"
  },
  {
   "key": "active_share_vs_the_nasdaq_100",
   "label": "Active share vs the Nasdaq-100",
   "value": "98.0%",
   "source": "ETFIQ"
  },
  {
   "key": "top_ten_holdings_weight",
   "label": "Top ten holdings weight",
   "value": "66.2%",
   "source": null
  },
  {
   "key": "holdings",
   "label": "Holdings",
   "value": "26",
   "source": null
  },
  {
   "key": "holdings_as_of",
   "label": "Holdings as of",
   "value": "Jun 30, 2026",
   "source": "SEC N-PORT"
  },
  {
   "key": "top_holdings",
   "label": "Top holdings",
   "value": "STRATEGY INC 15.8%, MARA HOLDINGS INC 9.2%, TWENTY ONE CAPITAL INC 6.4%, METAPLANET INC 5.9%, RIOT PLATFORMS INC 5.5%, HUT 8 CORP 5.0%, REMIXPOINT INC 4.9%, CLEANSPARK INC 4.6%, EMPERY DIGITAL INC 4.6%, BULLISH 4.3%",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$19m",
   "source": "issuer page, as of Sep 17, 2026"
  },
  {
   "key": "below_its_all_time_high",
   "label": "Below its all-time high",
   "value": "\u221240.4%",
   "source": "ETFIQ"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.85%",
   "source": "485BPOS XBRL, Apr 30, 2026"
  },
  {
   "key": "fee_for_the_part_that_differs_from_the_s_p_500_active_expense_ratio",
   "label": "Fee for the part that differs from the S&P 500, active expense ratio",
   "value": "0.87%",
   "source": "ETFIQ"
  },
  {
   "key": "closest_funds_by_holdings_overlap",
   "label": "Closest funds by holdings overlap",
   "value": "BCOR 51%, SATO 38%, BITQ 38%, DAPP 37%, STCE 35%",
   "source": null
  }
 ],
 "periods": [
  {
   "window": "3 months",
   "Total return": "+12.4%",
   "S&P 500": "+2.3%",
   "Gap to S&P 500": "+10.2 pts",
   "Gap to Nasdaq-100": "+14.9 pts"
  },
  {
   "window": "6 months",
   "Total return": "+33.2%",
   "S&P 500": "+18.0%",
   "Gap to S&P 500": "+15.2 pts",
   "Gap to Nasdaq-100": "+9.0 pts"
  },
  {
   "window": "1 year",
   "Total return": "\u221235.2%",
   "S&P 500": "+16.6%",
   "Gap to S&P 500": "\u221251.8 pts",
   "Gap to Nasdaq-100": "\u221257.0 pts"
  },
  {
   "window": "Since launch",
   "Total return": "+2.1%",
   "S&P 500": "+39.7%",
   "Gap to S&P 500": "\u221237.6 pts",
   "Gap to Nasdaq-100": "\u221252.0 pts"
  }
 ],
 "questions": [
  {
   "q": "How much of OWNB is in S&P 500 companies?",
   "a": "By its holdings filed for Jun 30, 2026, 5% of OWNB by weight is stocks the S&P 500 already holds. Its active share against the index is 98%, so that share is the part doing something different."
  },
  {
   "q": "What does OWNB hold?",
   "a": "26 positions as filed for Jun 30, 2026, with the top ten at 66% of the fund. The largest are STRATEGY INC at 15.8%, MARA HOLDINGS INC at 9.2%, TWENTY ONE CAPITAL INC at 6.4%."
  },
  {
   "q": "Has OWNB beaten the S&P 500?",
   "a": "Over the year to Sep 18, 2026 OWNB returned \u221235.2% with distributions reinvested, against +16.6% for the S&P 500, so it finished behind the index by 51.8 points."
  },
  {
   "q": "What does OWNB cost?",
   "a": "The prospectus expense ratio is 0.85% a year. Because 98% of the fund differs from the S&P 500, the fee on that differing part works out at 0.87%."
  }
 ],
 "generated": "2026-09-21",
 "license": "Free to use with attribution. ETFIQ (etfiq.com)."
}