Bitwise First to Publicly Disclose Bitcoin ETF Holdings Address

Move seen as significant step towards increasing transparency in the cryptocurrency sector

Bitwise Asset Management has become the first firm to publicly disclose the address of its bitcoin ETF’s holdings, allowing the public to directly track the fund’s holdings and transactions on the blockchain.
Bitwise's decision is seen as a significant step towards increasing transparency in the cryptocurrency sector, which has been a foundational principle for the crypto community.
Despite no new flows reported on the day, Bitwise’s position in Bitcoin remains strong, with the firm pulling in $518 billion in inflows in just over a week.
Only offerings from giants BlackRock and Fidelity have seen greater inflows, amassing approximately $1.8 billion and $1.5 billion, respectively.
The move by Bitwise has been applauded by industry experts, including Silicon Valley investor Balaji Srinivasan, who described it as an important first step toward on-chain accounting.