Key Takeaways
- Remixpoint, a Japanese firm with over 1,300 BTC, has joined the Bitwise Bitcoin Normal Companies ETF (OWNB).
- OWNB tracks public firms holding Bitcoin as a treasury asset, dynamically adjusting its constituents.
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Remixpoint, a Japanese firm holding over 1,300 Bitcoin in its treasury, has joined the Bitwise Bitcoin Normal Companies ETF (OWNB). The exchange-traded fund tracks public firms adopting Bitcoin as a treasury reserve asset.
The ETF dynamically adjusts its holdings to incorporate firms that meet strict Bitcoin treasury thresholds. Remixpoint joins fellow Japanese firm Metaplanet in adopting Bitcoin as a core treasury technique.
Bitwise launched OWNB to focus on company Bitcoin methods and help broader institutional curiosity in crypto belongings. The asset supervisor has expanded its choices with ETFs centered on Bitcoin treasury firms and tokenized belongings.
The inclusion displays rising company adoption of Bitcoin as a treasury reserve asset amongst Japanese firms, aligning with world developments towards cryptocurrency reserves.
