Cathie Wood's ARK Invest and 21Shares have announced the integration of Chainlink's proof of reserves for their spot Bitcoin ETF, aiming to bring reserve data onto the Avalanche (AVAX) mainnet, as reported by @CoinDesk. This development marks a significant step in providing transparency and security for the $ARKB spot Bitcoin ETF. The integration allows for on-chain verification of the ETF's reserves, a move that has been positively received within the cryptocurrency community, with reactions including 'BULLISH $LINK'.
BREAKING: Cathie Wood's ARK Invest has integrated proof of reserves for its spot #Bitcoin ETF using on-chain verification https://t.co/XJq5m9ggOy
BULLISH $LINK https://t.co/RTffQZplbY
JUST IN: Cathie Wood's ARK Invest has integrated proof of reserves for its spot #Bitcoin ETF https://t.co/4rYq91Tzke
BREAKING: @ARKInvest/@21Shares HAVE INTEGRATED @chainlink’S PROOF OF RESERVES TO BRING RESERVE DATA FOR $ARKB SPOT $BTC ETF ON THE @avax MAINNET - PER @CoinDesk https://t.co/1VDP7kzHMS
ARK 21Shares' Bitcoin ETF integrates Chainlink's proof of reserve https://t.co/Aq3U4QRV3x
Spot bitcoin ETF issuers @ARKInvest and @21Shares have integrated @chainlink’s proof of reserves to bring reserve data for $ARKB on the @avax mainnet. @HeleneBraunn reports https://t.co/8uYu8qIMgp
[COINDESK] Ark and 21Shares To Disclose Spot Bitcoin ETF Reserves Via Chainlink Integration
COINDESK: Ark and 21Shares To Disclose Spot Bitcoin ETF Reserves Via Chainlink Integration https://t.co/Bo6eSBFvaU