Anchorage Digital Bank N.A. is pleased to further broaden access to crypto as a custodian selected for 21Shares' U.S. spot ETF lineup. Our federal charter - which supersedes state-by-state regulation and positions us as a qualified custodian - makes us a natural choice for ETF custody diversification.
The establishment of crypto ETFs was aimed at giving a wider field of investors easier access to regulated products wrapped around the cryptocurrencies that had previously been more difficult to trade. Custody is a hefty responsibility for the outside firms that maintain safekeeping of billions in assets backing the products.
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