According to Foresight News, Bitwise has stated that the inflow of Bitcoin into its ETF wallet will benefit the fund's shareholders. As per the fund's S-1 filing, if Bitwise inadvertently receives assets, it may sell them for cash and distribute the cash proportionally to shareholders. Previously, Bitwise became the first issuer of a spot Bitcoin exchange-traded fund (ETF) to publicly disclose its fund wallet, which has since received transfers worth over $5,000.