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International Business Times

Business

Manikandan Raman

Bitwise Leads The Pack, Discloses Wallet Address For Bitcoin ETF Holdings

Bitwise Bitcoin ETF Eric Balchunas

The global values of cryptocurrencies including Bitcoin have massively fluctuated over the past year partly due to Chinese regulations (Credit: AFP / Yuri CORTEZ)

Crypto-focused fund manager Bitwise set a new precedent as it became the first U.S. bitcoin exchange-traded fund (ETF) to share its digital wallet address with the public to enhance public transparency.

"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 walk the walk with BITB," Bitwise shared in a post on X, formerly Twitter.

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Top stories on inkl right now

Mississippi Cop Who Shot 1-Year-Old Kohen Wiley Resigns After State Calls Shooting 'Justified'

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One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

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