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The recent breakthrough by Arkham Intelligence in identifying the on-chain addresses of major $BTC ETFs, including BlackRock, Fidelity, Bitwise, and Franklin Templeton, marks a significant stride in blockchain transparency. As The Crypto Sage for Binance Square, we delve into what on-chain data entails, who Arkham Intelligence is, and how you, as a crypto enthusiast, can track these addresses.
What is On-Chain Data?
On-chain data refers to all transactions and activities recorded on a blockchain, which are publicly accessible and verifiable. This data includes transaction histories, wallet addresses, and more, providing a transparent and immutable record of all network activities.
Who is Arkham Intelligence?
Arkham Intelligence is a blockchain analytics firm renowned for its proficiency in scrutinizing blockchain addresses. It provides a platform to investigate transactions, uncover entities behind them, and track fund movements, playing a pivotal role in demystifying the anonymity of blockchain transactions.
Arkham's Breakthrough in ETF Address Identification
Arkham Intelligence recently identified the on-chain locations of Bitcoin ETFs from BlackRock, Bitwise, Fidelity, and Franklin Templeton. This revelation enhances transparency, allowing stakeholders to verify the actual Bitcoin holdings backing these ETFs.
The Impact
Transparency: Investors can now verify the Bitcoin holdings of these ETFs.Trust: Enhances trust in these financial products by providing a clear link to the actual assets.Regulatory Compliance: Aligns with the growing demand for transparency in crypto-related financial products.
How to Track These ETF Addresses: A Beginner’s Guide

Tracking on-chain addresses can seem daunting, but it's quite accessible even for beginners. Here's a step-by-step guide to get you started:
Step 1: Understanding Blockchain Explorers
Blockchain explorers are tools that allow you to view on-chain data. They act like search engines for blockchain transactions and addresses.
Step 2: Selecting a Blockchain Explorer
Bitcoin Blockchain Explorers:Blockchair: User-friendly interface with extensive filtering options.Blockchain.com Explorer: Offers a simple and straightforward way to view Bitcoin transactions.
Step 3: Tracking an Address
Go to the Explorer: Open your chosen blockchain explorer.Enter the Address: Type the ETF’s Bitcoin address into the search bar.Analyze the Data: You'll see transaction histories, the total balance, and other relevant data.
Step 4: Interpreting the Data
Understanding what you see is crucial. Look for:
Total Balance: This shows the current Bitcoin holdings of the ETF.Transaction History: Displays all incoming and outgoing transactions.

Here each ETFs addresses located by Arkham Intelligence:
BlackRock - IBIT iShares Bitcoin Trust:
Holdings: 28.62K BTCValue: $1.16 BillionEntity Link: https://platform.arkhamintelligence.com/explorer/entity/blackrock
Fidelity - FBTC Fidelity Wise Origin Bitcoin Fund:
Holdings: 29.91K BTCValue: $1.21 BillionEntity Link: https://platform.arkhamintelligence.com/explorer/entity/fidelity
Bitwise - BITB Bitwise Bitcoin ETF:
Holdings: 10.15K BTCValue: $422.68 MillionEntity Link: https://platform.arkhamintelligence.com/explorer/entity/bitwise
Franklin Templeton - EZBC Franklin Bitcoin ETF:
Holdings: 1.16K BTCEntity Link: https://platform.arkhamintelligence.com/explorer/entity/franklin-templetond
Tips for Effective Tracking
Regular Checks: Bookmark the addresses and check them regularly for updates.Compare Multiple Sources: Use different explorers for cross-verification.Stay Informed: Follow news about the ETFs for context on the transactions.
Conclusion
The identification of on-chain addresses for major Bitcoin ETFs by Arkham Intelligence is a testament to the evolving transparency in the crypto space. By learning how to track these addresses, you empower yourself with knowledge and insight into the operations of these significant financial products.
💡 Disclaimer: This article is for educational purposes only and is not financial advice. Always conduct your own research and consult a financial advisor before making investment decisions.
🔔 Keep the crypto knowledge flowing into the blockchain! If you found this guide helpful, remember to like, share, and follow for more insights from The Crypto Sage on Binance Square!
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References:
Kharif, O. (2024, January 22). Spot Bitcoin ETFs’ on-chain addresses found by Arkham. Cointelegraph. https://cointelegraph.com/news/spot-bitcoin-etfs-on-chain-addresses-found-by-arkhamTradingView News. (2024, January 22). Spot Bitcoin ETFs’ on-chain addresses found by Arkham. TradingView. https://www.tradingview.com/newsGrafa. (n.d.). Arkham Intelligence discovers Bitcoin addresses for US spot Bitcoin ETFs. Grafa. Retrieved January 23, 2024, from https://grafa.com/news/arkham-intelligence-discovers-bitcoin-addresses-for-us-spot-bitcoin-etfs-173051Reynolds, S. (2023, April 17). Arkham Intelligence brings transparency to blockchain addresses. CoinDesk. https://www.coindesk.com/markets/2023/04/17/arkham-intelligence-brings-transparency-to-blockchain-addressesKharif, O. (2023, September 28). SEC delays spot Bitcoin ETF decision for BlackRock, Invesco and Bitwise. Cointelegraph. https://cointelegraph.com/news/sec-delays-spot-bitcoin-etf-decision-for-blackrock-invesco-and-bitwiseBenzinga. (2024). BlackRock and Ark slash fees on Bitcoin ETFs: A race to win investors. Yahoo Finance. https://finance.yahoo.com/news/blackrock-ark-slash-fees-bitcoin-etfs-race-win-050000775.htmlBitcoin.com News. (n.d.). SEC meets with Blackrock, Fidelity, Franklin Templeton, and Grayscale to discuss their spot Bitcoin ETF applications. Bitcoin News. Retrieved January 23, 2024, from https://news.bitcoin.com/sec-meets-with-blackrock-fidelity-franklin-templeton-and-grayscale-to-discuss-their-spot-bitcoin-etf-applications

In the realm of cryptocurrencies, Bitcoin stands as the pioneer, captivating the world with its revolutionary potential and sparking endless debates about its future. Despite its widespread popularity, there are still several lesser-known aspects of Bitcoin that many people overlook or remain unaware of. Let's delve into some of these mysteries and misconceptions surrounding Bitcoin.
1. The Identity of Satoshi Nakamoto: One of the most intriguing mysteries surrounding Bitcoin is the identity of its creator, Satoshi Nakamoto. Despite numerous investigations and speculations, Nakamoto's true identity remains unknown. Some theories suggest Nakamoto is an individual, while others speculate it could be a group of people or even a government entity. The anonymity of Bitcoin's creator adds to its mystique and has fueled conspiracy theories over the years.
2. Lost Bitcoins: Bitcoin's decentralized nature means that no central authority controls or tracks transactions. Consequently, if a user loses access to their Bitcoin wallet or private keys, those bitcoins are essentially lost forever. It's estimated that a significant number of bitcoins have been lost due to forgotten passwords, misplaced hardware wallets, or even accidental deletions. This phenomenon adds scarcity to Bitcoin, as the supply diminishes over time.
3. Whale Manipulation: Just as in traditional financial markets, Bitcoin is susceptible to manipulation by large holders, often referred to as "whales." These entities possess substantial amounts of Bitcoin and can influence the market by buying or selling large quantities of the cryptocurrency. Their actions can trigger price volatility and affect smaller investors. While whale manipulation is a concern, it also underscores the need for regulatory oversight and transparency in the cryptocurrency market.
4. Energy Consumption: Bitcoin mining, the process by which new bitcoins are created and transactions are verified, requires vast amounts of computational power and electricity. As Bitcoin's popularity has grown, so has its energy consumption, leading to concerns about its environmental impact. While efforts are underway to develop more energy-efficient mining methods, Bitcoin's energy consumption remains a contentious issue within the crypto community and among environmental advocates.
5. Regulatory Uncertainty: The regulatory landscape surrounding Bitcoin and cryptocurrencies varies greatly from country to country. While some nations have embraced Bitcoin as a legitimate form of currency or asset, others have imposed strict regulations or outright bans. This regulatory uncertainty can create challenges for businesses and individuals seeking to engage with Bitcoin, leading to ambiguity regarding its legal status and taxation.
6. Privacy Concerns: While Bitcoin transactions are pseudonymous, meaning they are not directly linked to individuals' identities, they are recorded on a public ledger known as the blockchain. This ledger is immutable and transparent, allowing anyone to view the history of transactions. However, with the rise of blockchain analytics firms and advancements in forensic techniques, it's becoming increasingly difficult to maintain complete anonymity when using Bitcoin. This has raised concerns among privacy advocates and individuals seeking financial privacy.
In conclusion, while Bitcoin has captured the imagination of millions and revolutionized the world of finance, it remains shrouded in mysteries and subject to misconceptions. From the enigmatic identity of its creator to the complexities of its market dynamics and regulatory challenges, Bitcoin continues to intrigue and perplex both enthusiasts and skeptics alike. As the cryptocurrency ecosystem evolves, it's essential to remain informed and critically evaluate the various aspects of Bitcoin to navigate its intricacies effectively.
#LostBitcoins #BlockchainTransparency #WhaleManipulation #SatoshiNakamoto #EnergyConsumption

Maybe some of you may aware or get used to using Cloud Storage Service like Google Drive, Dropbox,one drive, BOX, etc. But do you know that blockchain technology can be used as a storage to keep your data? Storj, Sia, filecoin are some of crypto projects that rely on blockchain to support their storage strategies.Cloud storage and blockchain storage are actually distinct concepts. Both of them are underlying technologies and characteristics.On this post, I will explain both concepts, so you can clearly recognize the differences. To simplify the explanations, I will focus on several aspects:Where the data is storedSecurityOwnership and ControlsUse CasesWHERE THE DATA IS STOREDCloud StorageCloud storage relies on centralized servers owned and maintained by a service provider.Blockchain Data Storage:Decentralized, with data distributed across a network of nodes, enhancing security and resilience.2. SECURITYCloud Storage: Relies on traditional security measures like encryption and access controls.Managed by provider.Blockchain Data Storage:Decentralized, with data distributed across a network of nodes, enhancing security and resilience.3. OWNERSHIP AND CONTROLSCloud Storage:Users rely on Cloud Storage's infrastructure, and the company has control over user data.Blockchain Data Storage:Users have greater control and ownership of their data due to decentralization.Smart contracts can also process automatically certain data control aspects.4. USED CASES Cloud Storage:Primarily focused on file storage and sharing.Blockchain Data Storage:It's not only storage, it can facilitate secure and transparent transactions, identity verification, and more, depending on the blockchain platform#storage #SmartChain #BlockchainTransparency #CloudBusiness #CryptoTrend