BitGo becomes the custodian for 21Shares' Bitcoin and Ethereum spot ETFs

ChainCatcher news, digital asset custody provider BitGo has announced that it has become the custodian for four ETF funds, including two U.S. spot ETFs from 21Shares: the ARK 21Shares Bitcoin ETF (ARKB) and the 21Shares Core Ethereum ETF (CETH). Additionally, BitGo also provides custody services for Hashdex and Valkyrie (now Coinshares).

BitGo CEO Mike Belshe stated that the company offers 100% cold storage services and has served as an independent custodian for over a decade. BitGo's services include regulated cold storage, a $250 million insurance policy, and bankruptcy-remote structures to minimize investor risk.