RE: Coinbase Launching Bitcoin Yield Fund

It is worthwhile to see how fast Wall Street is moving into crypto, especially with things like Coinbase’s new Bitcoin Yield Fund. It’s smart on their part to keep it for institutions only, particularly with the SEC still figuring things out.

But, like you said, it feels like crypto, especially Bitcoin, is no longer just “the people’s money.” Big players like BlackRock, Fidelity, and Coinbase are buying up huge amounts, and regular folks might just be along for the ride.

Sure, this might push prices higher, which is good for HODLers, but it also means more control is shifting to powerful institutions. This is my opinion, though.