Digital asset custodian giant BitGo announced that it has successfully taken over the custody work for two physically backed ETF funds from 21Shares in the US market. This marks BitGo's ongoing expansion in the area of crypto asset custody, particularly in relation to ETF funds. In this collaboration, BitGo will be responsible for managing the ARKB and CETH funds launched by 21Shares, which focus on Bitcoin and Ethereum respectively. Besides, BitGo will continue to provide custody services for other well-known institutions such as Hashdex and Valkyrie (formerly Coinshares). BitGo's action further solidifies its leadership position in the global crypto asset custody space, offering investors more secure and reliable asset storage solutions.