BlackRock adds Anchorage Digital as custodian for Bitcoin ETF

Blackrock, the largest asset manager in the world, has appointed Digital Bank Na Anchorage as an additional cryptocurrency guard for his ETF Ishares Bitcoin Trust.

Digital anchorage will serve as an additional cryptocurrency guard for Ibit, according to an 8-K form deposit dated April 7.

This move Introduced a double -keeper model, with digital anchorage joining Coinbase, the existing goalkeeper, to improve the security and operational resilience of Ibit Bitcoin (BTC) Holdings.

Anchoing Digital Bank Na is the only American digital asset bank, providing services such as custody of digital assets, development, regulation and chain governance.

Higher demand for digital assets

The partnership allows Blackrock To take advantage of these services, reflecting the Growing demand For digital asset products among retail and institutional customers.

Robert Mitchnick, manager of digital assets at Blackrock, said: “After an in -depth assessment, digital anchorage meets these standards clearly, and we are delighted to expand our network of eligible digital asset service providers with the addition of digital anchorage.”

This news comes under the name of BlackRock recently received The approval of the UK Financial Conduct Authority to operate as a company of cryptographic assets, allowing it to offer its Bitcoin ETP in the United Kingdom. The Ishares Bitcoin ETP, a merchant under the IB1T Ticker, began to negotiate on Euronext Paris and Amsterdam with an exemption from temporary costs.