Posted 2/28/2024, 3:24:22 PM
Chainlink Soars 8% as Ark Invest Bitcoin ETF to Use Its Proof of Reserve
- Ark Invest and 21Shares revealed decision to integrate Chainlink's Proof of Reserve for ARK 21Shares Bitcoin ETF (ARKB)
- Aims to provide real-time, verifiable insights into ETF's holdings to investors
- Chainlink price surged 7.8% following announcement of Bitcoin ETF integration
- ARKB is third-largest spot Bitcoin ETF, managing over $1.8 billion in assets
- Earlier, Bitwise set precedent by revealing wallet address to make holdings publicly visible