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BlackRock Adds Anchorage Digital for $45B IBIT and $1.8B ETHA in Dual-Custody Model

The DefiantApril 8, 20251 min read

BlackRock Adds Anchorage Digital for $45B IBIT and $1.8B ETHA in Dual-Custody Model

BlackRock, the world's largest asset manager, has expanded its custodial services for its Bitcoin and Ethereum exchange-traded funds (ETFs) by adding Anchorage Digital as a new custodian alongside Coinbase. This move is part of BlackRock's strategy to enhance its risk management and presence in the digital asset space.

Anchorage Digital, the only U.S. federally chartered digital asset bank, will provide custody services for BlackRock's $45 billion iShares Bitcoin Trust (IBIT) and $1.8 billion iShares Ethereum Trust (ETHA). The arrangement includes custody, staking, settlement, and on-chain governance services, reflecting a deepening relationship between the two firms.

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