Coinbase's latest report highlights a rise in institutional inflows into U.S. spot Bitcoin ETFs, signaling growing interest from the investment advisor sector despite recent market downturns.
Goldman Sachs' head of digital assets calls Bitcoin ETFs an "astonishing success", signaling a pivot after years of Bitcoin skepticism from the Wall Street giant.
Bloomberg reported that Coinbase borrowed an undisclosed amount of cash that was collateralized by bitcoin in a historic transaction from Goldman Sachs.