Single Entity Risk Questioned as Coinbase Dominates ETH and BTC ETF Reserve Storage

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Single Entity Risk Questioned as Coinbase Dominates ETH and BTC ETF Reserve Storage

   Bitcoin ETFs Coinbase digital asset storage ETF reserves Ethereum ETFs financial security Gabor Gurbacs institutional-grade custody News single entity risk Wall Street    July 23, 2024  |  0

Single Entity Risk Questioned as Coinbase Dominates ETH and BTC ETF Reserve StorageThe day before the spot ether exchange-traded funds (ETFs) were introduced, Coinbase posted on X to clarify its position regarding spot BTC and ETH ETFs. The company mentioned that it holds assets for ten out of 11 spot bitcoin ETFs and eight out of nine ether ETFs. Gabor Gurbacs, founder of Pointsville and former strategy […]  Read more »
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