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Replying to Avatar bitcoin.rocks

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 nostr:npub18d4r6wanxkyrdfjdrjqzj2ukua5cas669ew2g5w7lf4a8te7awzqey6lt3 ) to verify their holdings:

1CKVszDdUp4ymGceAZpGzYEFr4RPNHYqaM

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Daniel Tapa 1y ago

proof-of-reserves, nic carter is happy!

Bitwise is ahead of almost all crypto exchanges

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