🏦 Arkham has just labeled 40 of VanEck’s on-chain wallets, revealing 6,864.99 $BTC (~$507.2 million) belonging to its VBTC Bitcoin ETN product in Europe.

📌 The labeling is part of Arkham’s large-scale campaign covering approximately $3 billion in institutional fund assets.
📌 VBTC launched in Europe on 19/11/2020 and holds actual Bitcoin in cold storage; CoinShares has a much larger volume, while Grayscale is the only product based on Solana $SOL .

Making the wallets public helps bring transparency to institutional fund flows, reinforcing confidence in long-term demand for holding BTC.

💬 Which fund’s wallets would you like Arkham to make transparent next?

#Bitcoin #CryptoNews
🔗 Source: Crypto Briefing
⚠️ This information is for reference only and is not investment advice. Do your own research before making a decision (DYOR).