
Bitwise executive confirms ETF received $400 of unsolicited Bitcoin
CTO Hong Kim denied that any problems could arise from those funds.
Follow crypto ETF news, approvals, inflows, issuers, and market reactions across spot Bitcoin, Ethereum, and digital asset funds.

The banking giant analysts also speculated that the newly launched ETFs will play a prominent role in BTC price discovery.

When ETF shares are sold it does not necessarily lead to a decline in AUM if those shares are not redeemed by APs.

ARK has continued with its fund rotation, liquidating a significant chunk of its BITO holdings during the past day.

Some community members questioned the asset management firm choice of address following the disclosure.

The SEC must now institute proceedings around BlackRock in March.

The Bitwise investment chief also clarified that the recently launched Bitcoin ETFs are net buyers of the top cryptocurrency.



