Bloomberg ETF analyst James Seyffart stated that Valkyrie has confirmed BitGo as its Bitcoin spot ETF custodian, and its held Bitcoin will now be co-custodied by BitGo and Coinbase. Valkyrie has become the first Bitcoin spot ETF to mitigate custody risk through decentralization.
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Valkyrie Bitcoin Spot ETF will be jointly hosted by BitGo and Coinbase
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