BitGo Becomes Custodian for 21Shares Bitcoin and Ethereum Spot ETFs
Article is form followin
September 12, 2024
This article is translated by ChatGPT Show original
BitGo becomes custodian for four ETF funds
ChainCatcher reports that digital asset custodian BitGo has become the custodian for four ETF funds, including two US spot ETFs from 21Shares: the ARK 21Shares Bitcoin ETF (ARKB) and the 21Shares Core Ethereum ETF (CETH). Additionally, BitGo provides custody services for Hashdex and Valkyrie (now Coinshares).
BitGo CEO Mike Belshe stated that the company provides 100% cold storage services, serving as an independent custodian for over a decade. BitGo's services include regulated cold storage, a $250 million insurance policy, and a bankruptcy-remote structure to minimize investor risk.
Source
1. Disclaimer: The views expressed are solely those of the author and do not reflect the stance of Gen3. They are not intended as investment advice.
2. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as investment or other advice.