BitcoinWarrior

News and Education

Coinbase: Key Player In New Era Of Bitcoin ETFs, Encourages Investor Caution

Crypto exchange Coinbase Inc. (NASDAQ: COIN), which acts as the primary custodian for 10 of the 13 currently available spot Bitcoin (CRYPTO: BTC) exchange-traded funds (ETFs), highlighted Tuesday its robust security measures. What Happened: Coinbase brings “less exposure to custodial risks” for investors compared to directly owning a cryptocurrency, the firm’s chief security officer Philip Martin said in an interview with CNBC. Martin explained the extensive vetting process Coinbase underwent with ETF issuers, reflecting a commitment to security since the firm launched in 2012. Blockchain addr…