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WisdomTree WBIT ETP Holds 8,900 BTC in Cold Storage

WisdomTree’s WBIT ETP has attracted attention with its impressive Bitcoin holdings. Recent data from blockchain tracking firm Arkham Intel revealed that WBIT holds a staggering 8,900 BTC in cold storage. This substantial amount of Bitcoin is currently worth around $579 million, making it a significant investment for the ETP. In order to ensure the security of these assets, they are distributed across 134 wallets, emphasizing the robust structure and stringent security measures implemented by WisdomTree.