21Shares Announces New Custodians for Bitcoin ETF and ETPs
New Custodians Inject Confidence into ARK 21Shares Bitcoin ETF
21Shares recently announced that it has partnered with Anchorage Digital Bank and BitGo to serve as custodians for its U.S.-based exchange-traded products (ETPs), notably the ARK 21Shares Bitcoin ETF. This strategic move highlights 21Shares' commitment to enhancing asset security and trust within the crypto investment landscape.
Benefits of the New Partnerships
- Improved Security: With Anchorage and BitGo, security protocols are significantly enhanced.
- Market Positioning: This positions 21Shares as a leading player in the ETF space, aiming to attract more institutional clients.
- Innovative Solutions: Both custodians are known for their cutting-edge technologies, promising better asset management capabilities.
As interest grows in cryptocurrency investments, securing these assets remains a pivotal concern. 21Shares’ engagements with these trusted custodians are poised to bolster investor confidence in cryptocurrency assets.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.