Anchorage Digital Extends Custody Services to 21Shares' Spot Bitcoin and Ethereum ETFs

IconCryptoNewsTerminal Staff12 Sep, 2024

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Anchorage Digital Extends Custody Services to 21Shares' Spot Bitcoin and Ethereum ETFs

Anchorage Digital, a renowned crypto custodian and bank, has expanded its custody services to encompass 21Shares' Bitcoin (BTC) and Ethereum (ETH) spot exchange-traded funds (ETFs). By providing custody solutions for these ETFs, Anchorage Digital aims to enhance the security and accessibility of digital assets for institutional investors. The collaboration between Anchorage Digital and 21Shares addresses the growing demand for secure and compliant custody solutions within the burgeoning digital asset market. The BTC and ETH spot ETFs offered by 21Shares enable investors to gain exposure to these cryptocurrencies without directly owning or storing them, mitigating the risks associated with self-custody.