Coinbase dominates the bitcoin ETF custody space, securing nine out of 12 proposed ETFs, leaving BitGo, a major player, sidelined while Gemini and Fidelity step in; experts stress the need for diversification in custodianship to mitigate risk but acknowledge the challenge in finding contenders amid U.S. regulatory ambiguity, emphasizing the importance of ongoing security evaluations at Coinbase.
Coinbase Is Dominating a Key Bitcoin ETF Service. Can Anyone Else Join the Race?
