Coinbase Launches Bitcoin Yield Fund to Attract Global Institutional Investors

today / 16:34
Coinbase Asset Management is set to launch the Coinbase Bitcoin Yield Fund (CBYF) on May 1, 2025, targeting international institutional investors. The fund seeks to generate annual net returns between 4% and 8% over typical market cycles by offering a conservative investment approach in Bitcoin. Unlike typical digital assets that generate yield through staking, the CBYF mitigates inherent yield limitations of Bitcoin by avoiding speculative lending and aggressive trading, instead focusing on maintaining a secure and stable investment environment. The fund will offer monthly subscription and redemption options with a five-business-day notice period, and aims to manage up to $1 billion in assets, with Bitcoin holdings secured via qualified custodians and third-party custody integrations. Aspen Digital, a regulated digital asset manager based in Abu Dhabi, has provided seed capital and will serve as an exclusive wealth distribution partner across the UAE and Asia, further enhancing the fund’s credibility. This initiative is intended to widen Bitcoin’s appeal, particularly among conservative investors such as Baby Boomers, by positioning Bitcoin in a similar role to income-generating assets like bonds and dividend stocks.