BitGo becomes custodian of 21Shares Bitcoin and Ethereum spot ETFs

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According to ChainCatcher, digital asset custodian BitGo announced that it has become the custodian of four ETF funds, including two US spot ETFs of 21Shares: ARK 21Shares Bitcoin ETF (ARKB) and 21Shares Core Ethereum ETF (CETH). In addition, BitGo also provides custody services for Hashdex and Valkyrie (now Coinshares).

BitGo CEO Mike Belshe said the company provides 100% cold storage services and has been serving the industry as an independent custodian for more than a decade. BitGo's services include regulated cold storage, a $250 million insurance policy, and a bankruptcy-proof structure to minimize investor risk.

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