Bitcoin ETF Gets 42069

Learn how to buy non-KYC Bitcoin:

In this video, I discuss how the Bitwise Bitcoin ETF (BITB) has chosen to reveal the Bitcoin address where it is holding the BTC that supposedly backs its ETF.

I discuss the implications of this for transparency, proof of reserves, OFAC compliance, as well as the reason that you want to build a new financial system on a transparent foundation, rather than an obscure foundation.

I also show on-chain how BITB is now apparently over-collateralized thanks to donations of meme amounts of sats to the address.

Not investment advice! Consult a financial advisor.

Bitwise publishes its Bitcoin address:

View the address on-chain here:

Bitcoin address types:

Coinbase Custody uses MPC:

Pledditor on OFAC, proof of reserves:

How To Prove That You Own Bitcoin (Signed Messages): />

Do you trust GLD?

Bitwise Will Donate 10% of Its Bitcoin ETF Profits to Brink, OpenSats and the Human Rights Foundation:


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