Coinbase Launches Bitcoin Yield Fund for Institutions
The post Coinbase Launches Bitcoin Yield Fund for Institutions appeared first on Coinpedia Fintech News
Coinbase Asset Management is set to launch the Coinbase Bitcoin Yield Fund on May 1. The fund targets an annual net yield of 4%-8%, with returns paid in Bitcoin. Available exclusively to institutional investors outside the U.S., it uses a basis trading strategy between spot and perpetual futures markets. Aspen Digital, among other institutions, has joined as a seed investor, reflecting strong interest from the institutional sector in Bitcoin yield products.
Arthur Hayes Predicts Bitcoin Price Will Hit $1M by 2028 At Token2049 Event
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Eric Trump Warns: Global Banks Must Adopt Crypto or Die Out
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$500M Telegram Bond Fund Set to Launch on TON
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