Overview
- Announced on February 12, the agreement formalizes BitGo’s role providing custody, trading and execution, and integrated staking across 21Shares’ U.S. ETFs and European ETPs.
- Services will be offered through BitGo’s OCC‑approved federally chartered trust bank in the U.S. and MiCA‑authorized operations in Germany for EU coverage.
- 21Shares reports roughly $5.4 billion to $5.7 billion in assets across dozens of exchange‑traded products listed on multiple global exchanges.
- The platform promises access to deep electronic and over‑the‑counter liquidity, competitive staking rewards, and an insured qualified custody framework.
- BTGO shares traded near $10 with a modest decline after the news, following BitGo’s recent debut on the New York Stock Exchange.