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🌙 Coinbase Introduces Bitcoin Yield Fund Seeking 4% to 8% Returns

The fund targets institutional clients looking for a passive return on their Bitcoin holdings.

Author

Mike Gavela
April 28, 2025

In partnership with

Crypto Roundup - April 28

Crypto industry developments continue to advance on multiple fronts. Coinbase has launched a Bitcoin Yield Fund aimed at offering institutional investors returns of up to 4.8% annually, highlighting growing demand for crypto yield products amid tightening market conditions. In a major leadership move, former Kraken Chief Legal Officer Marco Santori has joined Pantera Capital as President and Chief Legal Officer, signaling Pantera’s deeper focus on regulatory strategy. Meanwhile, Tether disclosed that its $770 million worth of XAUT tokens are fully backed by 77 tons of gold stored in a Swiss vault, underscoring its efforts to boost transparency around its gold-backed stablecoin.

Top Stories

  • Coinbase launches Bitcoin Yield Fund offering institutional investors up to 4.8% annual returns amid heightened interest in crypto yield strategies.

  • Former Kraken legal chief Marco Santori joins Pantera Capital as President and Chief Legal Officer to bolster its regulatory leadership.

  • Tether reveals $770M XAUT backed by 77 tons of gold stored in a Swiss vault, aiming to enhance confidence in its gold-backed stablecoin.

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TOP STORIES

Coinbase Introduces Bitcoin Yield Fund Seeking 4% to 8% Returns - "The Defiant"

The fund targets institutional clients looking for a passive return on their Bitcoin holdings.

thedefiant.io/news/cefi/coinbase-introduces-bitcoin-yield-fund-seeking-4-8-returns

Kraken’s Former Legal Chief Marco Santori Joins Pantera Capital

“The timing couldn’t be better, and Pantera couldn’t be better positioned to capitalize on it,” Santori said about his new role.

www.coindesk.com/business/2025/04/28/kraken-s-former-legal-chief-marco-santori-joins-pantera-capital

Tether Gold Backed by 7.7 Tons of Gold in Swiss Vault

Tether reports first XAUT attestation under new El Salvador regulations as gold demand surges globally

www.coindesk.com/markets/2025/04/28/tethers-770m-xaut-backed-by-77-tons-of-gold-in-swiss-vault-says-company

FUNDRAISING

Coterie Leads £1.5M Funding For WineFi’s Blockchain-Backed Wine Platform | Crowdfund Insider

London-based fintech WineFi announced raising ÂŁ1.5 million (about $2 million) in a Seed funding round led by British fine wine group Coterie Holdings, with

www.crowdfundinsider.com/2025/04/238870-coterie-winefi-funding

OTHER HEADLINES

Polymarket: Odds of India invading Pakistan rose to 41%

The odds of India invading Pakistan hit 41% on crypto prediction market Polymarket today, as officials warned an invasion was “imminent.”

protos.com/polymarket-odds-of-india-invading-pakistan-rose-to-41

Bitcoin on Track for Record Price This Quarter as Investors Reallocate Assets: Standard Chartered - Decrypt

Bitcoin will continue to rise this quarter and hit new highs, multinational bank Standard Chartered has forecast.

decrypt.co/316688/bitcoin-still-on-track-all-time-high-this-quarter-as-investors-reallocate-assets-standard-chartered

Crypto Funds Attract $3.4 Billion in Weekly Inflows: CoinShares - "The Defiant"

Bitcoin investment products led with $3.18 billion in inflows last week.

thedefiant.io/news/markets/crypto-funds-attract-usd3-4-billion-in-weekly-inflows-coinshares

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