Arkham Maps CoinShares Bitcoin ETP Wallets Holding $1.53B in BTC

TL;DR: Arkham Intelligence labeled a total of 98 on-chain addresses linked to the CoinShares Physical Bitcoin ETP (BITC) , holding a cumulative balance of 20,652 BTC . The total value of the identified reserves amounts to approximately $1.53 billion based on market prices as of November 11, 2026. A single address holds 15,359.46 BTC (around $1.13 billion ), representing nearly three-quarters of the financial product’s total holdings. Arkham maps CoinShares Bitcoin ETP wallets by publicly labeling 98 addresses associated with the exchange-traded product CoinShares Physical Bitcoin ETP (BITC) between November 9 and November 11, 2026. The on-chain tracking reveals a total backing of 20,652 BTC , valued at nearly $1.53 billion at the time of publication.

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