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Bitwise Doubles Down on Transparency: Adds Proof of Reserves for Bitcoin and Ether ETFs
Bitwise Doubles Down on Transparency: Adds Proof of Reserves for Bitcoin and Ether ETFs
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In a move that'll make TradFi auditors sweat, Bitwise just slapped proof of reserves on its Bitcoin and Ether ETFs—because apparently 'trust us' wasn't cutting it anymore.
Why this matters: The crypto giant isn't just dipping a toe—it's cannonballing into the deep end of transparency. Take notes, Wall Street.
The punchline? While legacy finance still struggles with 19th-century settlement times, crypto ETFs are now offering real-time asset verification. But hey, keep telling us blockchain is 'immature.'
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