ExchangeTraded

Bitwise Adds Proof of Reserves for BTC, ETH Exchange-Traded Funds

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Crypto asset manager Bitwise said it is improving transparency for its spot bitcoin and ether (ETH) exchange-traded funds, rolling out third-party proof-of-reserves verifications through U.S. accounting company The Network Firm. The process, which is already live, replaces Bitwise’s prior practice of publicly listing nearly 90 wallet addresses on its websites. Instead, The Network Firm will … Read more

BlackRock Said to be Preparing to Launch Bitcoin Exchange-Traded Product in Europe

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BlackRock is gearing up to launch a bitcoin exchange-traded product in Europe within weeks, a source familiar with the matter told Reuters, amid growing demand for exposure to cryptocurrencies from both money managers and consumers. The product will likely be domiciled in Switzerland, the source added. The Wall Street giant has incorporated a Zurich-based company … Read more