other material
confidence high
sentiment positive
materiality 0.35
ARK 21Shares Bitcoin ETF adds BitGo as custodian and Macquarie as AP with in-kind creation
Ark 21Shares Bitcoin ETF
- Entered custodial services agreement with BitGo Trust Company to custody a portion of Trust's bitcoin starting Dec 12, 2025.
- Will allocate bitcoin among existing custodians (Coinbase, Anchorage, BitGo New York) and BitGo; allocation not disclosed.
- Sponsor bears transfer fees between custodians; on-chain transfers subject to Bitcoin network risks.
- Entered authorized participant agreement with Macquarie Capital on Dec 16, 2025, allowing in-kind creation/redemption of baskets.
- Transaction fees for creation/redemption may apply unless waived by sponsor.