Ark and 21Shares will open reserves of spot Bitcoin ETFs using Chainlink

Asset managers Ark Invest and 21Shares have taken a step towards greater transparency of their ARK 21Shares Bitcoin ETF (ARKB) by integrating the Chainlink Proof-of-Reserve platform to verify asset data.

This collaboration allows us to offer an unsurpassed level of awareness of the security of our investors' investments in ARKB," said Ophelia Schneider, co—founder and president of 21Shares.

In January, another bitcoin ETF issuer, Bitwise, disclosed the address of its digital wallet, which stores the assets of the bitcoin ETF (BITB) organization. These transparency efforts have been widely supported by industry experts. Ark/21Shares will be the second issuer to transfer data about holdings to a publicly available network.

ARKB was one of the most successful of the 10 spot Bitcoin ETFs launched on January 11th. As of Monday, February 26, the fund has accumulated ZZ 274 bitcoins worth $1.8 billion, which is the third largest result among issuers. Only Fidelity's Wise Origin Bitcoin Fund (FBTC) and BlackRock's iShares Bitcoin Trust (IBIT) raised more capital.

Source: https://happycoin.club/ark-i-21shares-raskroyut-rezervy-spotovyh-bitkoin-etf-s-pomoshhyu-chainlink/