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Bloomberg: Coinbase to Launch Bitcoin Yield Fund for Institutional Investors
2025-04-28 19:22
BlockBeats News, April 28th, according to Bloomberg, Coinbase Asset Management is set to launch a new fund aimed at providing regular income for clients' Bitcoin holdings.
This product, called the Coinbase Bitcoin Yield Fund, is scheduled to launch on May 1st, targeting an annualized net return rate of 4% to 8%, with the proceeds distributed in Bitcoin form. The fund is only open to non-US institutional investors.
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