Crypto bank Anchorage Digital and crypto custody provider BitGo have been chosen to provide custody services for the ARK 21Shares Bitcoin ETF. This ETF, which will be listed on the Swiss stock exchange, aims to provide investors with exposure to Bitcoin without needing to directly hold the digital asset themselves.
Anchorage Digital and BitGo are both well-known names in the crypto industry, offering secure custody solutions for digital assets. By partnering with these reputable firms, the ARK 21Shares Bitcoin ETF aims to provide investors with peace of mind knowing that their Bitcoin holdings are safe and secure.
The decision to select Anchorage Digital and BitGo as custodians for the ARK 21Shares Bitcoin ETF reflects the growing demand for regulated and secure investment products in the crypto space. With these trusted partners on board, the ETF is well-positioned to attract institutional and retail investors looking to gain exposure to Bitcoin through a regulated and reputable investment vehicle.
Overall, the collaboration between Anchorage Digital, BitGo, and the ARK 21Shares Bitcoin ETF highlights the increasing institutional interest in Bitcoin and the need for secure custody solutions in the crypto industry.