Bitwise first to publish on-chain addresses for Bitcoin ETF holdings
The Bitwise Bitcoin ETF (BITB) has publish ed the on -chain addresses of its holdings – the first issuer to do so among the 11 approved funds. This major decision enables public verification of BITB’s holdings and flows directly on the blockchain. The move by Bitwise aligns with the core ethos of Bitcoin (BTC), which emphasizes transparency and open verification. Bitwise also expressed its ambition to expand these efforts. Collaborations with firms like Hoseki are on the horizon, aiming to provide real-time cryptographic attestations. Announcement: Today the Bitwise Bitcoin ETF (BITB) becomes the first U.S. bitcoin ETF to publish the bitcoin addresses of its holdings. Now anyone can verify BITB's holdings and flows directly on the blockchain. Onchain transparency is core to Bitcoin's ethos. We're proud to… pic.twitter.com/1JTUh3zvDE — Bitwise (@BitwiseInvest) January 24, 2024 You might also like: Alameda gap is still haunting Bitcoin despi...