Bitwise publishes digital wallet addresses with bitcoin holdings for spot ETF | Headlines | News | CoinMarketCap
01/25/2024 03:08
Crypto-focused fund manager Bitwise said Wednesday that it became the first U.S. bitcoin ETF to publish the digital wallet addresses of its …
Crypto-focused fund manager Bitwise said Wednesday that it became the first U.S. bitcoin ETF to publish the digital wallet addresses of its holdings.
Bitwise noted that the decision to publish the information stemmed from a priority of on-chain transparency.
"Now anyone can verify BITB's holdings and flows directly on the blockchain," the firm wrote in a Wednesday social media thread.
"Publishing on-chain addresses is a first step toward increasing public transparency," it continued. "As infrastructure evolves, we hope to do more, such as working with firms like Hoseki to provide real-time cryptographic attestations."
Bitwise's spot bitcoin ETF
After the Securities and Exchange Commission approved the spot bitcoin ETF applications of Bitwise and 10 others, Bitwise saw $238 …