Update
Arkham Labels CoinShares' Bitcoin ETP Wallets
Blockchain analytics firm Arkham Intelligence has labeled the Bitcoin wallets behind CoinShares' Physical Bitcoin ETP, which trades under the ticker BITC. The product holds 20,652 BTC spread across 98 addresses, with the largest BITC address holding 15,359.46 BTC. The labeling went live around November 9 to 11, 2026, and the firm has previously labeled addresses for multiple Bitcoin ETPs and ETFs.