Coinbase Launches Bitcoin Yield Fund: Targeting Global Investors for 4-8% Returns

Coinbase Asset Management has launched a Bitcoin Yield Fund to cater to institutional investors seeking higher returns in the growing cryptocurrency market. The fund is specifically designed for non-U.S. investors and aims to deliver returns of 4-8%. This move by Coinbase expands its offerings within the crypto investment sector as a growing number of financial institutions are exploring ways to incorporate digital assets into their investment strategies.