Yes hopefully that there will be no bad actors among the ETF providers, otherwise we already know what will happen with medias, it will be another opportunity to bend the news and talk negatively about bitcoin...
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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