BITWISE ADDS PROOF OF RESERVES FOR $BITB AND $ETHW ETFS

Summary from the TLDR Crypto newsletter

Bitwise has launched daily third-party Proof of Reserves verification for its Bitcoin and Ethereum ETFs ($BITB and $ETHW). Each trading day, the auditor confirms onchain balances and reconciles them against outstanding ETF shares, replacing the old method of listing 90+ wallet addresses. Soon, Bitwise will introduce daily CPA-attested reports covering both assets and liabilities, effectively setting a new standard for onchain transparency in public crypto funds.