EddieJayonCrypto
28 Apr 25
Coinbase Asset Management is launching the Coinbase Bitcoin Yield Fund (CBYF) on May 1, targeting international institutional investors outside the U.S. The fund aims to generate annual net returns of 4% to 8% over a typical market cycle through a conservative investment strategy. It offers Bitcoin ...
Coinbase Asset Management is launching the Coinbase Bitcoin Yield Fund (CBYF) on May 1, targeting international institutional investors outside the U.S. The fund aims to deliver conservative annual net returns between 4% and 8% over a typical market cycle, providing a stable Bitcoin investment without engaging in speculative trading or lending.
Designed to attract traditional investors, including Baby Boomers who prefer lower-risk income-generating assets like bonds and dividend stocks, CBYF offers an opportunity to earn Bitcoin yields with minimized counterparty risk. This is achieved through qualified custody solutions and third-party trade management, ensuring assets remain secure and trading activities do not expose investors to high operational risks.
The fund supports monthly subscriptions and redemptions with a five-business-day notice and plans to manage up to $1 billion in assets. Aspen Digital, a Financial Services Regulatory Authority (FSRA)-regulated entity based in Abu Dhabi, has seeded the fund and will serve as the exclusive wealth distribution partner in the UAE and Asia, broadening the fund’s reach to these key markets.
Overall, Coinbase’s Bitcoin Yield Fund represents a strategic move to broaden Bitcoin’s appeal among institutional investors who prioritize capital preservation and steady returns, marking an effort to bridge traditional finance with the evolving crypto landscape in a responsible and measured way.