21Shares diversifies custodians to reduce ‘single-point failure risk’ in crypto ETFs

Oluwapelumi Adejumo

Asset manager 21Shares has added Anchorage Digital Bank and BitGo as custodians for its spot crypto exchange-traded funds (ETFs) — the ARK 21Shares Bitcoin ETF (ARKB) and the 21Shares Core Ethereum ETF (CETH). According to a Sept. 12 statement, Anchorage Digital Bank and BitGo will now work alongside current custodian Coinbase to enhance 21Shares’ spot […]

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21Shares diversifies custodians to reduce ‘single-point failure risk’ in crypto ETFs