09/26/2025
Bitwise is setting a new benchmark for crypto ETP Proof of Reserves.
Today, Bitwise, in partnership with our U.S.-based accounting firm, The Network Firm, deployed a second layer of transparency to our Proof of Reserves system, allowing for daily CPA-attested Proof of Reserves reports for the Bitwise Bitcoin ETF (BITB) and the Bitwise Ethereum ETF (ETHW).
Now, along with the ability to check daily balances on each fund’s website, you can view a daily, CPA-attested Proof of Reserves Examination Report that includes:
- A full scope of the ledger, both assets held in reserve and liabilities to $BITB and $ETHW holders
- Independent reporting by a certified public accounting firm, including their opinion on the subject matter
How does it work?
An independent auditor performs an examination of the BITB and ETHW Holdings Reports under AICPA standards and issues an opinion on whether they are fairly stated in all material respects, giving users added confidence in the accuracy and reliability of the reports.
Bitwise is the first crypto asset manager to offer the highest level of assurance reporting available from a registered accounting and audit firm, tailored specifically to the defined scope permitted under AICPA standards.
As the global adoption of crypto continues to accelerate, we remain committed to transparency and to serving as responsible stewards for investors—advancing the values of this industry while working to earn and uphold your trust.
The future is bright.
BITB and ETHW are not suitable for all investors. An investment in BITB or ETHW is subject to a high degree of risk, has the potential for significant volatility, and could result in significant or complete loss of investment. BITB and ETHW are not investment companies registered under the Investment Company Act of 1940, as amended (the “1940 Act”) and therefore are not subject to the same regulations and protections as ETFs or mutual funds registered under the 1940 Act. An investment in BITB or ETHW is not a direct investment in Bitcoin or Ether.
RISKS AND IMPORTANT INFORMATION
This material must be preceded or accompanied by a prospectus. To obtain a current prospectus, visit: for BITB, matt@bitwiseinsvestment.com
Visit for ETHW, brian@bitwiseinsvestment.com
Bitwise Investment Advisers, LLC serves as the sponsor of the Fund. Foreside Fund Services, LLC serves as the Marketing Agent for BITB, and is not affiliated with Bitwise Investment Advisers, LLC, Bitwise, or any of its affiliates.
