Sparrow Wallet
Bitcoin Accounting

Sparrow + Clams

xPub / Descriptor

Sparrow is the most popular Bitcoin-only desktop wallet, known for privacy features and hardware wallet support. Clams tracks your Sparrow wallet using xPub for single sig or descriptor for multisig. Full address discovery, UTXO tracking, and cost basis calculations.

What Clams tracks

  • All addresses from your wallet derivation paths
  • Incoming and outgoing transactions
  • Individual UTXOs with cost basis
  • Transaction fees paid
  • Capital gains on each spend

How it works

Choose your wallet type:

Single Sig (xPub)

  1. Export xPub from Sparrow
  2. Add xPub wallet in Clams
  3. Sync transaction history

Multisig (Descriptor)

  1. Export wallet descriptor from Sparrow
  2. Add descriptor wallet in Clams
  3. Sync transaction history

Resources

Setup guide

Step-by-step guide to connecting Sparrow wallet

Video walkthroughs:

Single sig: xPub setup

Multisig: Descriptor setup

Frequently asked questions

What data does Clams import from Sparrow?

Clams imports all addresses, incoming and outgoing transactions, UTXOs, and calculates cost basis per UTXO. Both single sig and multisig wallets are supported.

Does Clams access my private keys?

No. Clams uses watch-only access via xPub (single sig) or descriptor (multisig). Your signing keys stay in Sparrow. Clams can only view transactions, not spend funds.

Can I track multiple Sparrow wallets?

Yes. Add each Sparrow wallet separately in Clams. Each wallet gets its own entry with independent syncing and reporting.

Does Clams support multisig wallets?

Yes. For multisig wallets, export the wallet descriptor from Sparrow and add it to Clams. Clams automatically discovers all addresses and tracks transactions across all signing paths.

How do I get capital gains reports from my Sparrow transactions?

Connect your Sparrow wallet to Clams via xPub or descriptor. Clams calculates cost basis for every UTXO and tracks capital gains when you spend. Export reports for tax preparation from the Exports widget.

Does Clams discover all addresses automatically?

Yes. Clams scans the derivation paths from your xPub or descriptor and automatically discovers all used addresses. New addresses are detected when you sync.

Start tracking your Sparrow wallet

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