Bitcoin ETF

Bitcoin

<ul class="news-points"> 
 <li><strong>According to Brian Armstrong, Coinbase manages 90% of approximately $37 billion in Bitcoin ETF assets.</strong></li> 
 <li><strong>Armstrong noted that Coinbase has seen net inflows into its retail and institutional products since the launch of the ETF.</strong></li> 
 <li><strong>The CEO highlighted that 2024 will be more about international expansion and spin-offs for Coinbase.</strong></li> 
</ul> 
<p>According to <a href="https://coinedition.com/coinbase-exchange-review/" target="_blank" rel="noreferrer noopener">Coinbase</a> CEO Brian Armstrong, as the custodian of 8 of the 11 newly launched ETFs, Coinbase manages 90% of approximately $37 billion in Bitcoin ETF assets. He noted that Coinbase has seen net inflows into its retail and institutional products since the launch of the ETF.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">Coinbase CEO Brian Armstrong said that as the custodian of 8 of the 11 Bitcoin ETF issuers, Coinbase manages 90% of approximately $37 billion in Bitcoin ETF assets. Coinbase has seen net inflows into its retail and institutional products since the launch of the ETF. 2024 will be…</p>— Wu Blockchain (@WuBlockchain) <a href="https://twitter.com/WuBlockchain/status/1758705414622032207?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">February 17, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<p>While laying out some significant aspects of the <a href="https://coinedition.com/coinbase-transaction-revenue-reaches-529m-in-q4-2023/">crypto exchange’s Q4 earnings</a>, the CEO highlighted that 2024 will be more about international expansion and spin-offs for Coinbase. He noted that the 2023 report confirms that …</p>
<p>The post <a href="https://coinedition.com/coinbase-manages-90-of-all-bitcoin-etf-assets-brian-armstrong/">Coinbase Manages 90% Of All Bitcoin ETF Assets: Brian Armstrong</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

Coinbase Manages 90% Of All Bitcoin ETF Assets: Brian Armstrong

Coin Edition

Other articles published on Feb 17, 2024

Crypto Market Weekly Review: Altcoin Rundown, News Highlights, Blockchain Trends and More

Citigroup Partners With Ava Labs, Binance Coin Price Skyrockets, NuggetRush Hits New Milestone

Alphabet Emerges as Premier AI Investment Opportunity

Here’s Why Investors Favor These 4 Crypto Assets

Veteran Analyst Explains What Could Happen If Bitcoin Fails to Recover $52,000 Soon

Bitcoin ETF Success Spurs Market Optimism for Record Highs

Join our free newsletter for daily crypto updates!