21Shares and BitGo Holdings have announced a significant expansion of their partnership, integrating custody and staking services into 21Shares' cryptocurrency Exchange-Traded Products (ETPs) for the US and European markets. The move, announced on February 12, is a direct response to growing institutional demand for yield-generating crypto infrastructure. BitGo will provide qualified custody, trading and execution services, integrated staking infrastructure, and liquidity access for 21Shares' US ETFs and global ETPs.
All services will be delivered through BitGo's regulated entities, which include its OCC-chartered US trust bank and its MiCA-licensed European operations under Germany's BaFin. This institutional development coincides with a volatile retail market where traders are aggressively seeking high-momentum opportunities, with presale project DeepSnitch AI attracting significant attention.
DeepSnitch AI, a presale project building an AI-powered analytics platform, has raised $1.60 million during the market downturn, priced at $0.03985 per DSNT token. The project is marketing itself as a potential "100x" opportunity, leveraging hype around its core offering: a platform combining five specialized AI agents designed to simplify due diligence, audit smart contracts, flag potential scams like rug pulls, and predict market sentiment shifts. The presale offers tiered bonus codes (DSNTVIP30, DSNTVIP50, DSNTVIP150, DSNTVIP300) for larger investments, with the top tier promising a 300% bonus.
Meanwhile, other coins showed mixed signals. Cardano (ADA) saw a nearly 4% recovery on February 12, settling around $0.26, though analysts note bearish pressure could resume if it fails to hold support. Hyperliquid (HYPE) pumped to $30 on the same date, reclaiming its 20-day EMA, but faces a key resistance level at $35.50 for a confirmed bullish reversal.
In related news from the Consensus 2026 conference, Robinhood announced plans to build its own Layer-2 chain on the Arbitrum network, highlighting continued fintech integration with crypto. This news provided a brief boost to ARB, which surged 5.7% from $0.1062 to $0.1123 on February 11 before experiencing profit-taking.
