$560 Million Bitcoin Giant's Addresses Found - Koin Bulletin

Blockchain analytics firm Arkham Intelligence has identified Bitcoin addresses used by WisdomTree.

Arkham Intelligence found the blockchain addresses that WisdomTree used for its spot Bitcoin ETP (WBIT).

According to the information shared, WBIT holds approximately 8,900 Bitcoin in 134 different wallets in total. That's about $560 million.

According to WBIT's website, the fund allows investors to track the price of Bitcoin in a **"safe and cost-effective" way.

WisdomTree has set up an ETP as well as a ETF for Bitcoin. According to data from The Block, the fund raised $31.6 million on April 24; On April 25, it achieved a trading volume of $10.6 million.

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