Bloomberg: Coinbase will launch bitcoin income fund for institutional investors

Crypto 7x24

2025-04-28 20:20:15

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Online reports, Bloomberg reported that Coinbase Asset Management is about to launch a new fund designed to bring regular returns to customers 'Bitcoin holdings. The product, called Coinbase Bitcoin Yield Fund, is scheduled to launch on May 1 and targets an annualized net return of 4% to 8%, with proceeds paid out in Bitcoin. The fund is only open to non-U.S. institutional investors.

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