• ETF Issuers require regulated/qualified custodians to secure digital assets.

  • BitGo and Hashdex share a common commitment to a more robust and secure market infrastructure that starts with separating trade and custody.

  • Independent and qualified digital asset custody is critical to regulators in the U.S. and globally to ensure secure and compliant digital asset management.

BitGo will serve as the official custody provider for the Hashdex Bitcoin ETF pending approval. ETF applications require regulated custodians. BitGo’s support underscores a shared commitment by both companies to a more robust and secure market infrastructure. If approved, Hashdex Bitcoin Futures ETF (ticker: DEFI) will convert to a spot Bitcoin ETF renamed Hashdex Bitcoin ETF.

BitGo has been a long-time collaborator with Hashdex, a leading global crypto-focused asset manager with $540M in AUM that serves as the digital asset advisor for DEFI. BitGo, the leading qualified custodian for institutions, is the ideal provider to demonstrate separation of custody.

“Hashdex has already paved the way for institutional adoption of digital assets with their spot Bitcoin ETF in Brazil. We are pleased to be their custodian of choice to support their spot ETF application in the U.S. We aim to demonstrate the value in bringing traditional finance risk management and compliance standards to drive the next wave of adoption,” says Mike Belshe, CEO of BitGo.

As the industry matures and institutional interest increases, ETFs will become an attractive investment vehicle for large asset managers and an option for investors. Since 2013, BitGo has committed itself to providing regulated custody services for digital assets. For fiduciaries, BitGo’s emphasis on demonstrating the ability to separate custody from trading is attractive. Independent and qualified digital asset custody will become increasingly important to regulators in the U.S. and around the world in ensuring secure and compliant digital asset management.

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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.