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21Shares Partners with BitGo for Enhanced Crypto Custody and Staking

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21Shares Introduces JitoSOL ETP to Offer Staking Rewards via Solana

TLDR

  • 21Shares has expanded its partnership with BitGo to include custody and staking services for its crypto ETPs.
  • BitGo will offer regulated custody, trading, execution services, and integrated staking infrastructure for 21Shares’ products.
  • The partnership will support 21Shares’ US exchange-traded funds and global crypto ETPs across both the US and Europe.
  • BitGo’s services will be delivered through its OCC-approved trust bank in the US and MiCA-licensed operations in Europe.
  • 21Shares manages over $5.4 billion in assets across 59 exchange-traded products listed on 13 global exchanges.

21Shares has announced an expansion of its partnership with BitGo to enhance its custody and staking services. The collaboration will support 21Shares’ crypto exchange-traded products (ETPs) across the United States and Europe. BitGo will provide regulated custody, trading, execution services, and integrated staking infrastructure for these products.

This agreement allows 21Shares to offer investors seamless access to its US exchange-traded funds (ETFs) and global ETPs. BitGo will also provide liquidity across various electronic and over-the-counter markets.

The services will be offered through BitGo’s regulated entities in both the US and Europe. This includes the federally chartered trust bank approved by the Office of the Comptroller of the Currency (OCC) and MiCA-licensed operations authorized by Germany’s Federal Financial Supervisory Authority.

BitGo to Support 21Shares’ US and Global ETPs

The expanded partnership will enable BitGo to offer a range of services that support 21Shares’ exchange-traded products. BitGo’s services will include both custody and staking solutions for 21Shares’ clients. With a presence in the US and Europe, BitGo’s platform offers strong compliance with regulatory standards. This includes its OCC-approved US trust bank and MiCA-licensed European operations.

21Shares, a subsidiary of FalconX, is one of the world’s largest crypto ETP issuers. As of February 11, the company manages over $5.4 billion in assets across 59 products listed on 13 exchanges. This move marks another milestone in BitGo’s ongoing efforts to provide institutional-grade services to crypto investors.

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21Shares Benefits from BitGo’s Custody and Staking Infrastructure

The partnership will also enhance 21Shares’ ability to tap into the growing demand for yield-generating crypto infrastructure. Staking services have become a key feature for institutional investors seeking enhanced returns from their crypto holdings. BitGo’s fully regulated framework will offer these investors access to secure custody and staking services.

This move comes just weeks after BitGo began trading on the New York Stock Exchange under the ticker BTGO. The crypto industry has seen a rise in staking services, with platforms like Coinbase and Anchorage Digital also expanding their staking offerings. The growing interest in liquid staking, which allows users to stake while maintaining liquidity, further supports the demand for BitGo’s services.

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Crypto World

Here’s Why Bitcoin Analysts Say BTC Market Will Bottom in Q4 2026.

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Here’s Why Bitcoin Analysts Say BTC Market Will Bottom in Q4 2026.

Bitcoin (BTC) sellers resumed their activity on Thursday as the Bitcoin price turned away from its intraday high of $68,300. Analysts said that Bitcoin remained in capitulation, which could push the price lower, potentially reaching a bottom during the last quarter of 2026.

Key takeaways:

  • Multiple onchain indicators suggest Bitcoin is in deep capitulation as downside risks remain.

  • Long-term holder net-position change shows extreme distribution, mirroring past corrections that preceded further downside before bottoms.

  • Analysts forecast BTC price to hit a bottom in Q4/2026 based on various technical and onchain metrics.

Bitcoin’s capitulation persists

Bitcoin’s 46% drawdown from its all-time high of $126,000 has left a significant portion of holders underwater, and data shows they are now reducing their exposure.

Glassnode’s long-term holder (LTH) net-position change shows that Bitcoin held by these investors over 30 days decreased by 245,000 BTC on Feb. 6, marking a cycle-relative extreme in daily distribution. Since then, this investor cohort has been reducing its exposure by an average of 170,000 BTC, as shown in the chart below.

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Related: Binance teases Bitcoin bullish ‘shift’ as crypto sentiment hits record low

Similar spikes in LTH net position change appeared during the corrective phases in 2019 and mid-2021, leading to BTC price consolidating before extended downtrends.

Bitcoin long-term holder net position change. Source: Glassnode

CryptoQuant data shows that Bitcoin’s MVRV Adaptive Z-Score (365-Day Window) has fallen to -2.66, reinforcing the intensity of the sell-side pressure.

“The current Z-Score reading of -2.66 proves that Bitcoin remains persistently in the capitulation zone,” CryptoQuant contributor GugaOnChain said in a Thursday Quicktake post, adding:

“The indicator suggests that we are approaching the historical accumulation phase.”

Cryptocurrencies, Bitcoin Price, Markets, Price Analysis, Market Analysis
BTC: MVRV Adaptive Z-Score (365-Day Window). Source: CryptoQuant

Bitcoin’s Realized Profit/Loss Ratio is about to break below 1, levels that have historically aligned with “broad-based capitulation, where realized losses outpace profit-taking across the market,” Glassnode said. 

Bitcoin Realized Profit/Loss Ratio. Source: Glassnode

Analysts say Bitcoin will bottom out toward the end of 2026

According to multiple analyses, Bitcoin could extend its downtrend, possibly reaching as low as $40,000 to $50,000 during the last quarter of the year.

The “final capitulation on $BTC is still ahead,” Crypto analyst Tony Research said in a recent post on X, adding:

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“My take is, $BTC will bottom at $40K–50K, most likely forming between mid-September and late November 2026.”

Cryptocurrencies, Bitcoin Price, Markets, Price Analysis, Market Analysis
BTC/USD weekly chart. Source: Tony Research

Fellow analyst Titan of Crypto said that previous bear cycles in 2018 and 2022 printed their lows 12 months after the bull market top. 

Bitcoin’s current all-time high of over $126,000 was reached on Oct. 2, 2025. 

“If this cycle follows the same rhythm, that puts the low around October,” the analyst added.

On-Chain College shared a chart showing that Bitcoin’s Net Realized Loss levels hit extreme levels at $13.6 billion on Feb. 7, levels last seen during the 2022 bear market. 

“The 2022 loss peak occurred 5 months before the actual bear market bottom was printed,” the analyst said, suggesting that BTC could form a bottom in July 2026.

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Cryptocurrencies, Bitcoin Price, Markets, Price Analysis, Market Analysis
Bitcoin net realized profit/loss, USD. Source: Checkonchain

As Cointelegraph reported, many analysts expect 2026 to be a bear market year, and various forecasts predict the BTC price dropping to as low as $40,000.