Posted 1/24/2024, 10:43:00 PM
Bitwise Becomes First Bitcoin ETF to Publicly Share Wallet Address and Holdings
- Bitwise became the first spot bitcoin ETF provider to share its wallet address and holdings publicly
- The company tweeted a screenshot showing the Bitwise Bitcoin ETF's (BITB) bitcoin address and holdings of 11,858 bitcoin as of January 23
- Bitwise said sharing the address allows anyone to verify the fund's holdings and flows directly on the blockchain
- The move demonstrates Bitwise's commitment to transparency, which is core to bitcoin's ethos
- Bitwise hopes to increase transparency further by working with firms like Hoeski to provide real-time cryptographic attestations