A financial instrument called the OMN is offering professional investors outside the United States direct economic exposure to new Bitcoin production, measured in hashrate. The product is designed to connect investors with the output of Bitcoin mining without requiring them to operate mining infrastructure themselves. It targets a professional, non-U.S. investor base, reflecting regulatory considerations that shape how such instruments are distributed globally.
Each unit of the OMN is backed by a fixed rate of one petahash per second, commonly written as 1 PH/s, of Bitcoin hashrate. This backing remains in place for the full duration of the instrument’s tenor, which is set at 36 months. The structure means that investors have a defined and consistent level of exposure to mining output throughout the life of the product.
Hashrate is a measure of the computational power dedicated to processing and securing transactions on the Bitcoin network. A higher hashrate generally reflects greater participation in the mining process and is directly tied to the potential to earn newly produced Bitcoin. By denominating the OMN in units of hashrate, the instrument links investor returns to actual mining activity rather than to the spot price of Bitcoin alone.
The 36-month tenor gives the product a medium-term horizon, providing investors with a defined window of exposure. This fixed duration allows participants to plan around a known end date, which may appeal to institutional or professional investors seeking structured exposure to the digital asset sector. The combination of a fixed hashrate backing and a set tenor distinguishes the OMN from more open-ended cryptocurrency investment vehicles.
The restriction to non-U.S. investors is a common feature of certain digital asset products, often reflecting the regulatory environment in the United States surrounding securities and investment instruments. By limiting distribution to professional investors outside the country, the product operates within a framework intended to meet applicable legal requirements in the jurisdictions where it is offered. No further details about the issuing entity or the specific markets targeted were provided in the available information.
Originally reported by CoinDesk.
