{"id":126731,"date":"2025-04-08T19:18:41","date_gmt":"2025-04-08T19:18:41","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=126731"},"modified":"2025-04-08T19:18:41","modified_gmt":"2025-04-08T19:18:41","slug":"blackrock-taps-anchorage-digital-for-digital-asset-custody","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=126731","title":{"rendered":"BlackRock taps Anchorage Digital for digital asset custody"},"content":{"rendered":"<p>Source: Cointelegraph.com NewsAsset manager BlackRock is partnering with Anchorage Digital for crypto custody services, a move aimed at addressing the rising demand for digital assets from retail and institutional investors.<br \/>\nAccording to an April 8 announcement, BlackRock is the world\u2019s largest investment firm, with $11.6 trillion in assets under management. The company ranks among the largest providers of crypto exchange-traded products (ETPs), with holdings totaling $45.3 billion in Bitcoin (BTC) and $1.7 billion in Ether (ETH), according to data from Arkham.<br \/>\nBlackRock\u2019s crypto holdings. Source: Arkham IntelligenceAnchorage is the only federally chartered crypto bank in the United States. Along with custody services, it will provide BlackRock access to digital assets staking and settlement. Anchorage currently supports BlackRock\u2019s BUIDL fund \u2014 a $2 billion tokenized fund backed by US Treasurys and focused on real-world assets.<br \/>\nBlackRock relies on Coinbase for custody of the Bitcoin held in its iShares Bitcoin Trust ETF.<br \/>\nRelated: BlackRock\u2019s BUIDL fund explained: Why it matters for crypto and TradFi<br \/>\nBitcoin ETFs have faced a turbulent path in 2025<br \/>\nSince its debut in January 2024, Bitcoin funds have attracted a cumulative $36 billion in inflows. However, data from Sosovalue, which tracks ETF performance, shows that 2025 has been marked by sharp swings, with periods of strong inflows followed by significant outflows.<br \/>\nBitcoin ETFs daily inflow-outflows. Source: SosovalueBitcoin funds are seen as some of the most successful ETF launches in history, with BlackRock\u2019s iShares Bitcoin Trust ETF outperforming competitors and recording a net inflow of $39 billion, according to Sosovalue. The firm has since launched a crypto ETP in Europe.<br \/>\nMagazine: X Hall of Flame: Bitcoin $500K prediction, spot Ether ETF \u2018staking issue\u2019\u2014 Thomas Fahrer<a href=\"https:\/\/cointelegraph.com\/news\/blackrock-partners-anchorage-digital-digital-asset-custody?utm_source=rss_feed&amp;utm_medium=rss&amp;utm_campaign=rss_partner_inbound\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Cointelegraph.com NewsAsset manager BlackRock is partnering with Anchorage Digital for crypto custody services, a move aimed at addressing the rising demand for digital assets from retail and institutional investors.&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/126731"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=126731"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/126731\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=126731"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=126731"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=126731"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}