other material
confidence high
sentiment neutral
materiality 0.45
iShares Bitcoin Trust adds Anchorage Digital Bank as second bitcoin custodian; Coinbase remains
iShares Bitcoin Trust ETF
- Entered custodial agreement with Anchorage Digital Bank N.A., a national trust bank chartered by OCC, for cold storage custody of bitcoin.
- Coinbase remains the primary custodian; no immediate plans to move bitcoin to Anchorage.
- Addition reflects Sponsor's risk management and expanding digital asset presence.
- Anchorage required to hold private keys in cold storage; agreement covers fork handling and indemnification.