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Grayscale ETF Filing Replaces Coinbase Custodian
The Block·
Grayscale has updated its filing for a spot Ether ETF, removing Coinbase as a custodian and instead naming Anchorage Digital Bank. This strategic shift indicates a potential move away from Coinbase's custody services for Grayscale's digital asset products. Previously, Anchorage served as a secondary custodian for portions of Grayscale's Bitcoin and Ethereum trusts, suggesting a growing reliance on their services. The change could signal evolving partnerships within the digital asset management space as firms navigate regulatory landscapes and operational efficiencies.
Tags
fintech
regulation
crypto
Original Source
The Block — theblock.co