According to Bloomberg, Coinbase Asset Management is about to launch a new fund designed to generate regular gains for clients' bitcoin holdings.
The product, called the Coinbase Bitcoin Yield Fund, which is open only to non-US institutional investors, is scheduled to launch on May 1 and aims to achieve annualised net returns of 4-8 per cent, with proceeds to be distributed in bitcoin.
Bloomberg: Coinbase to Launch Bitcoin Earnings Fund for Institutional Investors
2025-04-28 11:27:23
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