TechFlow News — Digital asset custodian BitGo announced 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 provides custody services for Hashdex and Valkyrie (now Coinshares).
BitGo CEO Mike Belshe stated that the company offers 100% cold storage and has served the industry 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.
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