Arkham labels CoinShares’ Bitcoin ETP wallets holding 20,652 BTC
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Arkham has tagged the on-chain wallets belonging to CoinShares’ Bitcoin exchange-traded product, which together hold 20,652 BTC. The attribution gives the fund’s bitcoin reserves a public, verifiable on-chain identity rather than relying solely on issuer disclosures. The move matters because real-time wallet labeling lets investors and analysts independently audit ETP holdings, a step toward greater transparency for crypto-backed funds. It also strengthens Arkham’s position as a labeling layer for institutional crypto vehicles. What to watch next is whether other ETP issuers follow with similar disclosures and whether the tagged balances are tracked for inflows, outflows and changes in holdings over time.
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Arkham, CoinShares, Bitcoin (BTC)
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