Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Bitwise publishes bitcoin ETF holdings address after on-chain sleuths uncover BlackRock’s

Bitwise publishes bitcoin ETF holdings address after on-chain sleuths uncover BlackRock’s

Blockworks2024/01/24 23:13
By: Blockworks
BTC-0.48%
Bitwise is the first firm to make public its bitcoin ETF address without the help of sleuths

Bitwise has publicly disclosed the address of its bitcoin ETF’s holdings.

In a post on X, the company said that sharing the address was the “first step toward increasing public transparency.”

Loading Tweet..

While the issuer is the first to make this type of announcement, that hasn’t stopped internet sleuths from tracking down the addresses for other issuers, including Grayscale and BlackRock. 

Read more: Let’s pour one out for the first-day spot bitcoin ETF investors

Other sleuths have uncovered the addresses for VanEck, WisdomTree and Fidelity among others. Bitwise, prior to its public announcement, was also on that list according to a Jan. 22 post from Arkham on X.  

Loading Tweet..

The bitcoin ETFs had a rocky start following the much-anticipated approval from the Securities and Exchange Commission. 

Grayscale, in particular, has seen huge outflows. Though some, as Blockworks previously reported , may stem from the FTX estate unloading its GBTC holdings. 

GBTC has around $21 billion in assets , according to the firm’s website on Wednesday. 

Read more: SEC’s X account fell victim to SIM swap attack

Volatility is no stranger to the bitcoin ETFs, which only received approval this month. 

Prior to the SEC officially paving the way for the launches, an attacker was able to access the SEC’s official X account and make a fake ETF approval post . SEC Chair Gary Gensler then confirmed, via his X account, that the post was not sanctioned or made by the SEC . 

The bitcoin ETFs were then approved the next day.

Don’t miss the next big story – join our  free daily newsletter .

Tags
  • bitcoin etf
  • Bitwise
  • BlackRock
  • ETFs
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Trending news

More
1
Dogecoin Could Rally to $0.60–$3.50 Under Livermore Cycle Model, Analyst Says but Retracements Possible
2
Dogecoin Could Extend Bullish Streak as First U.S. ETF Nears Debut

Crypto prices

More
Bitcoin
Bitcoin
BTC
$115,376.57
-0.44%
Ethereum
Ethereum
ETH
$4,592.9
-2.24%
XRP
XRP
XRP
$3.02
-4.02%
Tether USDt
Tether USDt
USDT
$1
-0.00%
Solana
Solana
SOL
$242.72
+0.81%
BNB
BNB
BNB
$924.89
-1.40%
USDC
USDC
USDC
$0.9996
-0.03%
Dogecoin
Dogecoin
DOGE
$0.2753
-8.39%
TRON
TRON
TRX
$0.3474
-1.05%
Cardano
Cardano
ADA
$0.8845
-6.39%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter