Asset management firm Bitwise garnered significant BTC contributions and praise from crypto community members following the public disclosure of its Bitcoin ETF Trust (BITB) on-chain address.
In a Jan. 24 post on social media platform X (formerly Twitter), Bitwise became the first U.S. bitcoin ETF to publish the addresses of its holdings. According to the firm, this initiative will facilitate the easy verification of BITB holdings, aligning with the core ethical principles of transparency within the BTC ecosystem.
“Publishing on-chain addresses is a first step toward increasing public transparency. As infrastructure evolves, we hope to do more, such as working with firms like Hoseki to provide real-time cryptographic attestations,” Bitwise added.
Bitwise’s BITB is among the best-performing ETFs among the “Newborn Nine.” According to official data on its website, the ETF holds 12,338 BTC, worth around $490 million, in its trust.
BTC donations
Following the public disclosure,
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