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Since launching, digital asset ETF issuers have selected BitGo as their custodian of choice, prioritizing security for ETF holders
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BitGo’s offering includes regulated cold storage within a bankruptcy remote structure to minimize risk for investors
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ETF issuers continue to adopt a multi-custodial approach to managing their assets signaling that diversification is crucial as the industry matures
Digital asset exchange-traded funds (ETFs) have played a pivotal role in providing a diverse range of investors with exposure to cryptocurrencies this year. Since inception these ETFs have seen approximately $16 billion in inflows, underscoring the importance of robust and diverse custody infrastructure.
BitGo will serve as a custodian for 21Shares’ US Spot ETFs — the ARK 21Shares Bitcoin ETF (ARKB) and the 21Shares Core Ethereum ETF (CETH). BitGo currently serves as a custodian for two other ETF issuers, Hashdex and Valkyrie (now Coinshares), demonstrating its commitment to providing secure solutions for digital asset ETFs issuers and protecting investors’ assets.
“We’re excited that 21Shares is adopting a multi-custodial approach, prioritizing security for ETF holders. BitGo is proud to offer 100% cold storage as the leading independent custodian, serving the industry for over a decade as a trusted partner, and now for ETF issuers too,” said Mike Belshe, CEO of BitGo.
As a qualified custodian BitGo is responsible for safeguarding assets with an enhanced level of diligence. Assets are secured with institutional-grade cold storage and robust security measures, mitigating the risk of theft or mismanagement. BitGo’s $250MM insurance policy and bankruptcy-remote structure also provide peace of mind for both issuers and investors.
“We look forward to growing our partnership with the great team at 21Shares as they have achieved an impressive growth in ETF assets over the last 8 months,” said Adam Sporn, BitGo’s Head of Prime Brokerage and U.S. Institutional Sales.
To learn more about BitGo’s custody offering, visit our website today.
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BitGo is the digital asset infrastructure company, delivering custody, wallets, staking, trading, financing, and settlement services from regulated cold storage. Since our founding in 2013, we have been focused on accelerating the transition of the financial system to a digital asset economy. With a global presence and multiple regulated entities, BitGo serves thousands of institutions, including many of the industry's top brands, exchanges, and platforms, and millions of retail investors worldwide. For more information, visit www.bitgo.com.
©2025 BitGo, Inc. (collectively with its parent, affiliates, and subsidiaries, “BitGo”). All rights reserved. BitGo Trust Company, Inc., BitGo, Inc., and BitGo Prime LLC are separately operated, wholly-owned subsidiaries of BitGo Holdings, Inc., a Delaware corporation headquartered in Palo Alto, CA. BitGo does not offer legal, tax, or investment advisory services. The statements contained herein are only intended for marketing and informational purposes and should not be interpreted as legal, tax, or investment advice. Please consult your legal,tax,investment, or other professional advisor for questions about your specific circumstances. Digital asset holdings involve a high degree of risk, and digital asset values may fluctuate on any given day. Accordingly, your digital asset holdings may be subject to large swings in value and may even become worthless. The information provided herein is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law, statute, or regulation. BitGo is not directing this information to any person in any jurisdiction where the publication or availability of the information is prohibited, by reason of that person’s citizenship, residence, or otherwise. The information contained in our press releases, blogs, and presentations should be considered accurate only as of the date of the press release, blog, or presentation. We disclaim any obligation to supplement or update the information in these press releases, blogs, or presentations, except as may be required by law. Product availability and client eligibility will vary by jurisdiction. Services listed may be provided by one of BitGo's affiliated entities.