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

Bitwise is the first firm to make public its bitcoin ETF address without the help of sleuths

article-image

Bitwise Asset Management CEO Hunter Horsley | DAS 2022 by Blockworks

share

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

Upcoming Events

Hilton Metropole | 225 Edgware Rd, London

Mon - Wed, March 18 - 20, 2024

Crypto’s premier institutional conference returns to London in March 2024. The DAS: London Experience: Attend expert-led panel discussions and fireside chats Hear the latest developments regarding the crypto and digital asset regulatory environment directly from policymakers and experts.

Salt Lake City, UT

WED - FRI, OCTOBER 9 - 11, 2024

Pack your bags, anon — we’re heading west! Join us in the beautiful Salt Lake City for the third installment of Permissionless. Come for the alpha, stay for the fresh air. Permissionless III promises unforgettable panels, killer networking opportunities, and mountains […]

recent research

Top Icon.png

Research

Osmosis thrived in H2 2023 on the back of increased DeFi activity deriving from recently launched Cosmos-related projects and better market conditions. With new value accrual mechanisms for the native token, Osmosis is well-positioned to continue its strong performance in 2024.

/

article-image

Though the opposing flow trend is likely to slow over time, industry watchers note, bitcoin fund assets could one day eclipse the $90 billion gold ETF space

article-image

Celestia had the first mover advantage. EigenDA has staked ether. What sets Avail apart?

article-image

Bitcoin moved 1% higher Monday morning in New York, Matrixport analysts say $62,000 could happen next month

article-image

It’s hard to believe right now that crypto — even with all of its flexibility and massive capabilities — could ever be like cash on the internet

article-image

Michael Saylor announced Monday morning that MicroStrategy bought 3k more bitcoin after the X account was compromised over the weekend

article-image

Plus, Pudgy Penguins grows its brand and a group of Autoglyphs sell for $14.5 million