KraneShares Shakes Up Crypto ETFs With Coinbase-Powered Index Tracking Launch

Crypto just got a Wall Street upgrade—KraneShares slingshots into the ETF arena with Coinbase's index-tracking muscle.

Why it matters: Traditional finance finally stops pretending blockchain is a fad. This ETF bridges the gap between crypto natives and buttoned-up institutional money.

The mechanics: Coinbase's index methodology brings rare legitimacy to crypto price tracking—no more shady offshore exchange data. KraneShares packages it all in a neat SEC-compliant wrapper.

The catch: Will institutions actually bite? Or is this another 'blockchain, not Bitcoin' play from suits who still don't get it?

Bottom line: The crypto ETF arms race just got hotter—and Coinbase quietly wins either way. (Classic finance move: profit from the infrastructure, not the volatility.)