• Since launching, digital asset ETF issuers have selected BitGo as their custodian of choice, prioritizing security for ETF holders

  • BitGo’s offering includes regulated cold storage within a bankruptcy remote structure to minimize risk for investors

  • 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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About BitGo

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 Bank & Trust, National Association (“BitGo Bank & Trust”) is a national trust bank chartered and regulated by the Office of the Comptroller of the Currency (OCC). BitGo Bank & Trust is a wholly-owned subsidiary of BitGo Holdings, Inc., a Delaware corporation headquartered in Palo Alto, California. Other BitGo entities include BitGo, Inc. and BitGo Prime LLC, each of which is a separately operated affiliate of BitGo Bank & Trust.

BitGo does not offer legal, tax, accounting, or investment advisory services. The information contained herein is for informational and marketing purposes only and should not be construed as legal, tax, or investment advice. You should consult with your own legal, tax, and investment advisor for questions about your specific circumstances.

Digital assets are subject to a high degree of risk, including the possible loss of the entire principal amount invested. Past performance and illustrative examples do not guarantee future results. The value of digital assets can fluctuate significantly and may become worthless. No BitGo communication is intended to imply that any digital asset services are low-risk or risk-free. BitGo is not a registered broker-dealer and is not a member of the Securities Investor Protection Corporation (“SIPC”) or the Financial Industry Regulatory Authority (“FINRA”). Digital assets held in custody are not guaranteed by BitGo and are not subject to the insurance protections of the Federal Deposit Insurance Corporation (“FDIC”) or SIPC. Custody and other digital asset services are subject to eligibility, jurisdictional, and regulatory restrictions. Availability of specific products and services may vary by location and entity.

BitGo endeavors to provide accurate information on its websites, press releases, blogs, and presentations, but cannot guarantee all content is correct, completed, or updated. Content is subject to change without notice. BitGo disclaims any obligation to update or supplement such information except as required by applicable law or regulation.

BitGo makes no representation that the information contained herein is appropriate for use in any jurisdiction where its distribution or use would be contrary to law or regulation or would subject BitGo or any of its affiliates to any registration or licensing requirements in such jurisdiction. Persons who access this information are responsible for complying with all applicable laws and regulations.