Coinbase Launches Bitcoin Yield Fund for Institutional Investors

Coinbase is set to launch a Bitcoin Yield Fund, targeting institutional investors with returns ranging from 4% to 8% on their Bitcoin holdings. This move signals a growing interest in crypto as an asset class and could lead to substantial capital inflows into the industry. The fund’s launch coincides with Coinbase’s inclusion in the S&P 500 index, further highlighting institutional acceptance of digital assets. Institutional investors are increasingly seeking alternative income streams, making this fund attractive.