bitcoin.rocks on Nostr: Yesterday, Bitwise became the first #Bitcoin ETF issuer to share the address which ...
Yesterday, Bitwise became the first #Bitcoin ETF issuer to share the address which stores their Bitcoin.
This will hopefully cause the other ETF issuers to do the same, removing the uncertainty of an ETF's full 1:1 backing. It's still better to self-custody your Bitcoin, but this will remove the risk of paper Bitcoin being created by these ETFs.
This real-time auditability is a feature unique to Bitcoin! You can't do this with other ETFs like gold.
Search this address in any block explorer (like
mempool (npub18d4…6lt3) ) to verify their holdings:
1CKVszDdUp4ymGceAZpGzYEFr4RPNHYqaM
Published at
2024-01-25 18:38:00Event JSON
{
"id": "ffcb17565dc20e67355acadeab255c50f034039e1140b97158aff9b4212c17c3",
"pubkey": "3d82e8f6cc6c096544bf33e4875a03f5600acff7ec467e150a1cc7712d214dc9",
"created_at": 1706207880,
"kind": 1,
"tags": [
[
"p",
"3b6a3d3bb3358836a64d1c80292b96e7698ec35a2e5ca451defa6bd3af3eeb84"
],
[
"t",
"Bitcoin"
]
],
"content": "Yesterday, Bitwise became the first #Bitcoin ETF issuer to share the address which stores their Bitcoin.\n\nThis will hopefully cause the other ETF issuers to do the same, removing the uncertainty of an ETF's full 1:1 backing. It's still better to self-custody your Bitcoin, but this will remove the risk of paper Bitcoin being created by these ETFs.\n\nThis real-time auditability is a feature unique to Bitcoin! You can't do this with other ETFs like gold.\n\nSearch this address in any block explorer (like nostr:npub18d4r6wanxkyrdfjdrjqzj2ukua5cas669ew2g5w7lf4a8te7awzqey6lt3 ) to verify their holdings:\n\n1CKVszDdUp4ymGceAZpGzYEFr4RPNHYqaM\nhttps://bitcoin.rocks/img/nostr/bitwise-etf-holdings.jpeg",
"sig": "d4dde51d74675da1936436c0ccaf47ae91823e1fe4aa60c35d022684d6487897770cf818e1ff6e88c376e060abf33714bf751ced1bec495742509df7b3e85ef4"
}
