Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
Former VanEck consultant: Bitcoin ETF and Ethereum ETF digital assets are held in Coinbase with acceptable risks in doubt

Former VanEck consultant: Bitcoin ETF and Ethereum ETF digital assets are held in Coinbase with acceptable risks in doubt

CointimeCointime2024/07/24 04:46
By:Cointime

Official documents indicate that 10 out of 11 spot Bitcoin ETFs and 8 out of 9 newly approved spot Ethereum ETFs are being held in custody by Coinbase. Gabor Gurbacs, founder of Pointsville and former advisor to VanEck, has questioned storing such a large value in a single entity lacking caution.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Florida teens arrested in connection with a kidnapping and theft of $4M in crypto

Share link:In this post: Three Florida teens have been accused of kidnapping a man at gunpoint and forcing him to transfer $4 million worth of digital assets to them. The teens kidnapped the victim from Las Vegas and threatened to kill him and his father if he didn’t cooperate. Law enforcement agencies across the globe are now warning individuals with substantial crypto holdings to be cautious amid a rise in kidnappings.

Cryptopolitan2025/05/11 05:01

UK icons slam AI ‘theft’ in fiery plea to Starmer before key vote

Share link:In this post: Over 400 UK artists urged PM, Keir Starmer, to strengthen copyright laws ahead of an AI legislation vote. UK government’s proposed “opt-out” rule for AI training on copyrighted content faces strong backlash. Hayao Miyazaki and others condemn AI-generated art, fueling copyright debates and legal challenges.

Cryptopolitan2025/05/11 05:01

Americans have wiped out $3 trillion in savings in the past 3 years, mostly from stimulus checks

Share link:In this post: Americans have drained $3 trillion in savings since 2021, with excess savings now at negative $900 billion. The US savings rate dropped to 3.9% in March, below pre-pandemic levels of 5-6%. Consumer spending rose 0.7% in March, but GDP still shrank by 0.3% due to soaring imports.

Cryptopolitan2025/05/11 05:01
Americans have wiped out $3 trillion in savings in the past 3 years, mostly from stimulus checks

Banking the unbanked, but this time for real?

Kriptoworld2025/05/11 01:55