Jan3 CEO: The issuer of Bitcoin spot ETF will eventually have to disclose its BTC chain address
Bitget2024/01/03 10:27
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
Blockstream CEO Samson Mow stated that Bitcoin spot exchange-traded fund (ETF) issuers will eventually have to disclose their BTC on-chain addresses in order to compete with other issuers. Disclosing verifiable on-chain evidence of Bitcoin reserves would be the best choice for spot Bitcoin ETF issuers to ensure their holdings, and none of the existing 14 applicants are committed to providing on-chain proof.
1
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now！
You may also like
BUZZ-Annovis Bio shares plunge on $21 million stock sale
路透社•2026/11/05 13:57
BUZZ - Unity shares rise on better-than-expected Q3 revenue
路透社•2026/11/05 13:46
Crypto prices
More
Bitcoin
BTC
$79,355.09
+1.38%
Ethereum
ETH
$2,379.42
+2.75%
Tether USDt
USDT
$0.9991
+0.04%
BNB
BNB
$710.16
+1.50%
XRP
XRP
$1.3
+1.81%
USDC
USDC
$0.9999
+0.01%
Solana
SOL
$95.1
+2.47%
TRON
TRX
$0.3178
-0.23%
Zcash
ZEC
$1,302.17
+2.07%
Hyperliquid
HYPE
$81.45
-3.55%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now