According to TechFlow, digital asset custodian BitGo announced that it has become the custodian of four ETF funds, including two US spot ETFs of 21Shares: ARK 21Shares Bitcoin ETF (ARKB) and 21Shares Core Ethereum ETF (CETH). In addition, BitGo also provides custody services for Hashdex and Valkyrie (now Coinshares).

BitGo CEO Mike Belshe said that the company provides 100% cold storage services and has served the industry as an independent custodian for more than a decade. BitGo's services include regulated cold storage, a $250 million insurance policy and a bankruptcy-proof structure to minimize investor risk.