Coinbase Custodies Over 80% of US Bitcoin ETFs
Coinbase has solidified its position as the dominant custodian for U.S.-listed Bitcoin exchange-traded funds (ETFs), safeguarding over 80% of the assets held within these products, according to recent industry data. This concentration of custody responsibility underscores the exchange’s growing influence in institutional crypto markets and raises important questions about market structure, counterparty risk, and regulatory … Read more