Proof of Holdings

Transparency and investor protection have been at the core of Bitwise since day one. That’s why we work exclusively with leading custodians of digital assets. Learn more about our commitment to transparency and investor protection on this site.

Bitwise created the first centrally cleared Bitcoin ETP incorporating an additional investor protection mechanism into the product’s operational structure that is unique for ETP issuers: An independent transaction administrator was appointed to control and countersign all asset movements within the issuer of the ETP with legally enforceable veto rights over the movement of those assets. This independent administrator monitors and issues a weekly balance report on assets in custody, available to investors here on our website.

WEEKLY BALANCE REPORT

Important Notice: This section may include materials about products that are not available to UK retail clients (e.g., professional-only products or products offered only in other jurisdictions). Availability depends on your client category and location. Please read the relevant prospectus and final terms and, if unsure, speak to an FCA-authorised financial adviser.

Every transaction and movement of funds is monitored

Learn how the Physical ETC Structure works

As stated in our prospectus, the Administrator must approve each operational transaction of the ETPs, in terms of custody (i.e. holdings in the respective cryptocurrency) and the number of securities issued. This means that neither Bitwise, nor issuers belonging to Bitwise, can move investors' cryptocurrencies from custody without external consent. The possibility of misconduct or operational errors is thus reduced to a minimum.

The implementation of this additional security feature by Bitwise goes well beyond the EU Prospectus Regulation and the regulatory requirements for issuers. Another security feature: an independent trustee holds the security rights to the investors' crypto assets. This trustee is also named in the issuing prospectus of our ETPs. Both measures, i.e. the complete and independently verified deposit of the assets and the provision in case of insolvency minimise the issuer default risk to a minimum.

Bitwise only partners with leading providers of digital asset custody

BitGo Trust pioneered multi-signature security in 2013 and, since then has become an industry standard in delivering institutional grade security solutions for digital assets.

Regulated Certified

Being the first qualified custodian purpose-built for holding digital assets, BitGo Trust Company is an independent trust company regulated by the South Dakota Division of Banking, and SOC 2 Type 1 & 2 certified.

Cold Wallets

All ETP assets are kept in cold wallets. Cold wallets mean that the digital wallets are not connected to the internet. This protects the wallets from hacks, unauthorized access, and other vulnerabilities.

Multi-Signature Security

Digital asset are stored using a multi-signature technology and can only be accessed when sharded keys held by separate entities are unities. This creates additional layers of security to protect investor funds.

Insured

BitGo's $250 million custody insurance policy protects against third-party hacks, theft or dishonest acts by BitGo employees or executives as well as the loss of keys.

Zodia is based in London and registered in the UK with the Financial Conduct Authority (FCA), in Ireland with Central Bank of Ireland (CBI) and in Luxembourg with the Commission de Surveillance du Secteur Financier (CSSF). Investors should note that while the ETP is listed on regulated exchanges and the custodian is registered with the FCA, the underlying cryptoassets are not regulated by the FCA.

European Custodian

Cold Storage Custody

Zodia's cold storage custody wallets are fully segregated wallets in line with CASS principles.

Institutional-Grade Security

The wallets are structured under an insolvency-remote trust arrangement. Each wallet is cryptographically verified for Proof-of-Ownership and Proof-of-Management, offering a high level of security and transparency in asset custody

Secure & Certified

Zodia custody features a bank-grade compliance & governance framework and is SOC 1 and ISO 27001 certified.

Welcome to Bitwise

Important Information – Please Read Before Proceeding

This website is operated by Bitwise Europe GmbH (“Bitwise”, “we”, “us”). The information on this website is intended for UK retail clients and other visitors in the United Kingdom. If you are not in the UK, local laws and rules may differ and the materials here may not be appropriate for you.

All content is provided for general information only. It does not constitute investment advice, tax or legal advice, an offer, or a solicitation to buy or sell any investment and must not be relied upon to make an investment decision. You should consider whether an investment is suitable for your circumstances and, where appropriate, seek independent professional advice.

Cryptoassets and crypto-linked products are high-risk. The FCA categorises retail crypto promotions as Restricted Mass Market Investments (RMMI). As such, additional prominence, risk-warning and risk-summary requirements apply to retail communications. You could lose all the money you invest.

Investments in cryptoassets or many crypto-linked products are generally not covered by the UK Financial Services Compensation Scheme (FSCS) or the Financial Ombudsman Service (FOS). You should not expect to be protected if something goes wrong.

Access to certain pages, features, or transactions may be subject to client categorisation and appropriateness assessments required by FCA rules. We may ask you to complete checks or declarations before you can proceed.

Where this website contains a retail financial promotion for crypto or other RMMIs, you will see the FCA-prescribed risk warning and a link (“Take 2 mins to learn more”) to the FCA risk summary presented in a pop-up or dedicated page. For convenience, you can access that summary here at any time.

Where performance is shown, past performance is not a reliable indicator of future results. Any projections, targets, or forward-looking statements are inherently uncertain and may not be realised. Fees and expenses reduce returns.

Returns may be reduced by fees, charges, spreads, and taxes. Tax treatment depends on individual circumstances and may change. Seek professional advice if unsure.

Where a prospectus (including any base or supplemental prospectus) or KID/PRIIPs KIID or equivalent is provided, it is regulatory disclosure, not marketing. Those documents are generally outside the UK financial-promotion restriction.

In line with FCA rules for high-risk investments, we do not offer incentives to invest (e.g., refer-a-friend bonuses, monetary/non-monetary perks) in relation to retail crypto promotions.

External links are provided for convenience only. We do not control and are not responsible for third-party websites or their content. We take reasonable care to ensure accuracy but do not guarantee completeness, timeliness, or availability of the website or its contents; information may change without notice.

Our products or services may not be available in all jurisdictions or to all investors. Access may be restricted by law. You are responsible for understanding and complying with applicable laws and regulations.

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