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BNY Mellon wins 5-year Bitcoin custody deal with Invesco Galaxy ETF, expanding crypto custody alongside Coinbase.

14 Nov 2026, 15:18 WIB
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Bullish
BNY Mellon wins 5-year Bitcoin custody deal with Invesco Galaxy ETF, expanding crypto custody alongside Coinbase.

BNY Mellon has secured a five-year agreement to provide Bitcoin custody services for the Invesco Galaxy Bitcoin ETF, joining Coinbase as a custodian. This deal allows BNY Mellon to hold segregated accounts for the ETF's Bitcoin holdings, marking an expansion of its role beyond traditional fund operations. Additionally, BNY Mellon has custody agreements for Invesco's Ethereum and Solana ETFs, signaling a broader institutional push into multi-cryptocurrency custody. The arrangement enhances operational flexibility for institutional investors and reflects growing competition between traditional banks and crypto-native firms like Coinbase.

BNY Mellon's Bitcoin custody deal with Invesco Galaxy ETF is the subject, providing context for readers interested in cryptocurrency custody. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Nov 14, 2026 19:41 WIB: out of 50 priced cryptocurrencies, 5 rose and 44 fell. Notable movers include BAL at Rp16.297 with an 11.14% increase, EOS at Rp12.649 with an 8.13% increase, and BAT at Rp1.887 with an 11.56% decrease.

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