21Shares deepens BitGo ties to power ETF custody and staking

BitGo Holdings, Inc. and 21Shares have expanded their global partnership to support a growing lineup of crypto exchange-traded products (ETPs) and ETFs with enhanced staking and custody services.

Summary

• BitGo Holdings Inc. and 21Shares have expanded their global partnership to strengthen custody and staking support for crypto ETFs and ETPs across the U.S. and Europe.
• BitGo will provide qualified custody, trading, execution and integrated staking services, enabling 21Shares’ products to offer secure asset storage and potential staking yields.
• The move comes amid rising institutional demand for regulated crypto investment vehicles, with 21Shares managing roughly $5.7 billion in assets.

21Shares turns to BitGo for expanded custody

The new agreement covers both the United States and Europe, deepening cooperation between two major players in digital asset infrastructure and investment products.

Under the expanded partnership, BitGo will provide qualified custody, trading, execution and integrated staking services for 21Shares’ U.S.-listed ETFs and international ETP offerings.

These services include secure asset safekeeping, access to deep liquidity across electronic and over-the-counter markets, plus competitive staking rewards, all delivered within BitGo’s regulated and insured custody framework.

21Shares, a leading issuer of crypto investment products managing roughly $5.7 billion in assets, gains from BitGo’s infrastructure as it continues to expand its suite of digital asset offerings. The expanded pact supports both spot crypto products and instruments that enable holders to earn staking yields, a growing demand among institutional and regulated investors.

What this means for the market

The expanded collaboration comes at a time when institutional interest in regulated crypto products is rising globally. By pairing BitGo’s custody and staking capabilities with 21Shares’ broad ETP platform, both firms are positioning themselves to attract professional capital seeking secure, compliant exposure to digital assets.

Adam Sporn, Head of Prime Brokerage and Institutional Sales at BitGo, highlighted the importance of the partnership as 21Shares increases its ETF product range worldwide.

Andres Valencia, Head of Investment Management at 21Shares, noted that BitGo’s track record in security, regulatory compliance and governance made it an ideal partner for expanding staking and custody services.

This development builds on recent milestones for BitGo, including regulatory approvals and its NYSE listing, which enhance its ability to serve institutional clients with robust, compliant infrastructure. Meanwhile, 21Shares continues to grow its global ETF and ETP footprint, leveraging trusted partners like BitGo to scale securely.