Coinbase Unveils Bitcoin Yield Fund Offering 4–8% Annual Returns for Institutional Investors
Coinbase Asset Management has announced the launch of a new Bitcoin Yield Fund (CBYF), targeting non-U.S. institutional investors with annual returns of 4–8%, paid in Bitcoin. The fund, set to debut on May 1, 2025, utilizes conservative cash-and-carry arbitrage strategies to generate yield, avoiding high-risk lending practices. Aspen Digital will act as the exclusive distributor for the fund.
Coinbase Launches Bitcoin Yield Fund Targeting 4–8% Annual Returns for Institutional Investors
Coinbase Asset Management has unveiled a new Bitcoin Yield Fund (CBYF) designed to offer non-U.S. institutional investors annual returns of 4–8%, paid directly in Bitcoin. The fund, set to debut on May 1, employs conservative cash-and-carry arbitrage strategies to generate yield, steering clear of riskier lending practices.
Aspen Digital will serve as the exclusive distributor for the fund in the UAE and Asia, tapping into over $1 trillion in Bitcoin liquidity. The move signals Coinbase’s continued push into institutional crypto products amid growing demand for yield-generating digital asset vehicles.
XRP Breaks $2.26 Amid Whale Pressure, Derivatives Activity Signals Strength
Ripple’s XRP surged past a critical resistance level at $2.26, trading at $2.32 with a 6.73% daily gain. The breakout follows a confirmed inverse head-and-shoulders pattern—a bullish technical formation—supported by robust derivatives activity, a declining NVT ratio, and heightened social engagement.
A whale transaction of 29.5 million XRP ($68.7M) to Coinbase introduces near-term selling risks, but market structure remains intact. Buyers are aggressively defending key levels, with fundamentals suggesting potential for extended gains.