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TechFlow, April 28 — According to Bloomberg, Coinbase Asset Management announced it will launch the "Coinbase Bitcoin Yield Fund" on May 1, aiming to provide regular returns for clients holding bitcoin. The fund is expected to deliver an annualized net return of 4% to 8%, with yields paid in bitcoin. Notably, this investment product is available only to non-U.S. institutional investors.
According to Bloomberg, Coinbase Asset Management announced it will launch the "Coinbase Bitcoin Yield Fund" on May 1, a fund designed to provide regular returns for clients holding bitcoin. The fund is expected to deliver an annualized net return of 4% to 8%, with returns paid in bitcoin. Notably, this investment product is available exclusively to institutional investors outside the United States.
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