Coming as BTC exchange-traded funds flows turn positive, the moves follow the Wall Street bank's applications with the SEC for Bitcoin, Solana, and Ethereum funds. Financial services giant Morgan Stanley selected Bank of New York (BNY) Mellon, a global financial services company, and crypto exchange Coinbase as custodians for its Bitcoin Trust Exchange-Traded Fund (ETF), according to a filing with the US Securities and Exchange Commission (SEC) on Wednesday. The custodians will hold all of the fund’s Bitcoin (BTC) in cold storage, or offline methods of storing Bitcoin private keys, with a “portion” of the BTC moving to hot wallets connected to the internet at times for creation and redemption purposes, according to the SEC filing for Morgan Stanley Bitcoin Trust. The filing said: Morgan St…
Lawmakers asked if stablecoins could drain bank deposits and threaten financial stability, while Coinbase and Innovate Finance warned that strict regulation risks driving innovation offshore. The United Kingdom House of Lords grilled Coinbase’s top international policy executive on Wednesday over whether stablecoins would drain bank deposits and add new risks to the UK financial system, pressing him on everything from Silicon Valley Bank‑style runs to illicit finance and Know Your Customer (KYC) rules. During the Lords’ stablecoins inquiry, Tom Duff Gordon, Coinbase’s vice president for international policy, insisted that fully reserved, regulated stablecoins were “safer than uninsured bank deposits” because they are backed one‑to‑one by cash and high‑quality government securities and can…
The purchases came as geopolitical tensions tied to the US and Israel's conflict with Iran weighed on global markets, pushing major indexes lower. Cathie Wood’s Ark Invest increased its exposure to crypto-related equities, adding shares of Coinbase and Robinhood Markets across several of its exchange-traded funds (ETFs) as broader markets pulled back. The company purchased a combined 22,452 shares of Coinbase across the ARK Innovation ETF (ARKK), ARK Next Generation Internet ETF (ARKW) and ARK Fintech Innovation ETF (ARKF), according to trade notifications for Tuesday. Based on Coinbase’s closing price of $182.36 during the day, the purchase was valued at about $4.1 million. Ark also accumulated 158,587 shares of Robinhood through the same ETFs. With Robinhood closing at $76.07, the transa…
The GIF ETF combines nine leveraged single-stock strategies into a fund designed to generate weekly income through covered call options. US-based asset manager REX Shares has launched an exchange-traded fund that bundles leveraged covered-call strategies tied to nine individual stocks, including crypto-linked names Coinbase and Strategy, into a single income-focused product trading under the ticker GIF. According to Thursday’s announcement, the fund holds equal-weighted positions in REX’s existing single-stock Growth & Income ETFs, each of which targets about 1.25x exposure to its underlying equity while writing covered calls on a portion of the portfolio to generate option premium income. GIF trades on Cboe Global Markets and each underlying ETF seeks to distribute income on a weekly basi…
The exchange now allows US customers to trade thousands of stocks and ETFs commission-free alongside crypto, with 24/5 access and instant funding. Coinbase has opened stock and exchange-traded fund trading to all US users, allowing customers to buy and sell equities alongside crypto within the same app on a 24/5 basis. The rollout includes commission-free trading, fractional shares, and instant funding with USD or USDC. According to a company post on Tuesday, thousands of stocks are available to trade 24 hours a day, five days a week, with approximately 6,000 securities currently supported and plans to expand that number in the coming weeks. Coinbase said it aims to introduce stock perpetual futures for non-US users through Coinbase Bermuda Ltd., subject to regulatory approval, and said i…
The UK-listed Bitcoin treasury company says the facility will bridge equity settlements, enabling faster Bitcoin purchases during volatile markets. United Kingdom-listed Bitcoin treasury firm The Smarter Web Company has secured a $30 million Bitcoin-backed credit facility from Coinbase Credit. The facility is secured against Bitcoin held in custody with Coinbase. The company said Tuesday the facility is designed to help it deploy capital into Bitcoin (BTC) immediately after equity raises, reducing settlement timing risk during volatile markets. Smarter Web said it does not intend to use the facility as long-term debt to finance Bitcoin purchases. Smarter Web is listed on the London Stock Exchange’s Main Market and also trades on the OTCQB Venture Market in the United States. The company d…
A transaction-level analysis of 92 community banks found $78.3 million in net deposits moved to Coinbase over 13 months, with money market accounts losing most outflows. New analysis from banking data company KlariVis found that 90% of community banks in its sample had customers transacting with Coinbase. Across 53 banks where transaction direction could be determined, $2.77 flowed to the crypto exchange for every $1.00 returning, resulting in a net $78.3 million deposit shift over 13 months. The study reviewed 225,577 Coinbase-related transactions across 92 community banks and found that transfers were heavily concentrated in money market accounts, where 96.3% of identifiable transaction volume represented funds leaving banks for the exchange. "In general, community banks can be defined a…
Cathie Wood’s ARK Invest added nearly $15.2 million in Coinbase stock across three ETFs, reversing course days after offloading more than $39 million in shares. ARK Invest has returned to buying shares of Coinbase Global after trimming its position, adding roughly $15 million worth of stock across several of its actively managed exchange-traded funds (ETFs) on Friday. The Cathie Wood-led asset manager purchased 66,545 Coinbase shares through the ARK Innovation ETF (ARKK), 16,832 shares through Next Generation Internet ETF (ARKW) and 9,477 shares through Fintech Innovation ETF (ARKF), according to the firm’s daily trade disclosures. The buying activity coincided with a sharp surge in Coinbase stock. Shares closed the trading session at $164.32, up about 16.4% on the day, before edging highe…
CFTC chair Mike Selig launched the Innovation Advisory Committee in January, nominating 12 members as charter members before expanding the final list to 35 on Thursday. The Commodity Futures Trading Commission has added a slew of crypto executives, including those from Coinbase and Ripple, to its Innovation Advisory Committee, who will shape how the regulator crafts policy. CFTC chair Mike Selig said on Thursday that the 35 members of the committee will “ensure the CFTC’s decisions reflect market realities” and enable it to “develop clear rules of the road for the Golden Age of American Financial Markets.” The committee launched in January, replacing the Technology Advisory Committee, which drew on the advice of tech leaders to dissect how new technologies were impacting the derivatives ma…
Coinbase’s fourth-quarter earnings missed Wall Street expectations, with the crypto exchange reporting its first net loss since the third quarter of 2023. Coinbase reported a net loss of $667 million in the fourth quarter of 2025, snapping the crypto exchange’s eight-quarter streak of profitability. In its Q4 earnings released on Thursday, Coinbase reported earnings per share of 66 cents, missing analyst expectations of 92 cents by 26 cents. The company said its net revenue fell 21.5% year-on-year to $1.78 billion, falling short of analyst expectations of $1.85 billion.
Users can set controls and permissions to allow the AI agent to manage liquidity positions and execute trades at any time of day, Coinbase said. Coinbase has launched crypto wallet infrastructure that allows AI agents — programs that can think and transact without human input — to spend, earn and trade crypto. In a post on Wednesday, Coinbase programmers Erik Reppel and Josh Nickerson said the new Agentic Wallets feature aims to build on today’s agents, which can answer questions, summarize documents, and assist with tasks, but can’t execute trades or orders on behalf of users. “The next generation of agents won't just advise — they'll act,” the pair said, adding that AI agents will be able to do everything from monitoring decentralized finance positions and rebalancing portfolios to payi…
Cathie Wood’s ARK Invest sold 134,472 Coinbase shares across three ETFs while buying over 393,000 shares of crypto platform Bullish. Cathie Wood’s ARK Invest continued reducing its exposure to crypto exchange Coinbase on Friday, unloading $22 million worth of shares across multiple exchange-traded funds (ETFs) while adding to its position in digital asset platform Bullish. According to ARK’s trade disclosures, the firm sold 92,737 Coinbase Global shares from the ARK Innovation ETF (ARKK), 32,790 shares from the Next Generation Internet ETF (ARKW) and 8,945 shares from the Fintech Innovation ETF (ARKF). The combined transactions totaled 134,472 shares, worth around $22.1 million. The sale came as ARK Invest, led by Cathie Wood, has reversed course on Coinbase, selling 119,236 COIN worth abo…
ARK Invest sold $17.4 million in Coinbase while buying $17.8 million of Bullish shares, signaling a major shift in strategy as crypto markets stumble. ARK Invest, the asset manager led by prominent Bitcoin bull Cathie Wood, has shifted from buying to selling Coinbase stock, as the shares dipped 13% and hit multi-month lows. On Thursday, ARK offloaded 119,236 Coinbase (COIN) shares, valued at roughly $17.4 million, according to a trade filing seen by Cointelegraph. The sale comes just a day after a modest 3,510-share ($630,000) purchase on Tuesday, following a series of buys at higher prices earlier in 2026.
A Nevada judge declined to grant regulators’ bid to halt Coinbase’s event contract markets, as the exchange presses a CFTC preemption argument in federal court. A Nevada state court denied regulators’ request for an emergency temporary restraining order (TRO) to immediately halt Coinbase’s new prediction market offering. Instead, the court set a hearing for next week so the exchange can respond, according to Coinbase chief legal officer Paul Grewal. The Nevada Gaming Control Board (NGCB) filed a civil enforcement action in Carson City on Monday, accusing Coinbase of offering unlicensed wagers on sports event contracts and asking for a TRO and preliminary injunction to block the products for Nevada residents.
Bitcoin’s Coinbase Premium Gap has fallen to a yearly low, a move analysts say may reflect weaker relative demand on Coinbase-linked venues tied to institutional trading. The Coinbase Premium Gap, which tracks the price difference between Bitcoin on Coinbase and Binance, has fallen to its lowest level in over a year. An analyst said the move may point to weaker relative demand on Coinbase-linked venues, which are commonly associated with institutional trading. The Coinbase Premium is the price difference between Coinbase’s BTC/USD pair and Binance’s BTC/USDT pair.
The enforcement action over wagers on sports event contracts followed Coinbase announcing the launch of prediction markets in all 50 US states. The Nevada Gaming Control Board announced that it had filed a civil enforcement action against Coinbase over wagers on sports event contracts. In Monday filings in the First Judicial District Court of the State of Nevada in and for Carson City, the Nevada Gaming Control Board sued Coinbase Financial Markets over allegations the company offered unlicensed wagers on sporting events. Authorities followed by requesting that the court grant a temporary restraining order and preliminary injunction preventing Coinbase from “operating a derivatives exchange and prediction market” related to sporting bets. “The Board takes seriously its obligation to operat…
Jeffrey Epstein may have made a $3.2 million investment in Coinbase in 2014 and sold some of it for $15 million in 2018, according to the latest batch of released emails. Newly released US Justice Department emails suggest Jeffrey Epstein, the late financier and convicted sex offender, gained exposure to early cryptocurrency venture investments through intermediaries, including a reported stake in Coinbase. Epstein may have invested $3.25 million into cryptocurrency exchange Coinbase back in 2014, according to files released by the US Department of Justice (DOJ). The emails suggest an entity linked to Epstein acquired 195,910 Series C shares for a total of $3.25 million when Coinbase was valued at $400 million.
