“The water feels inviting, everyone ought to join,” remarks Brian Armstrong as Coinbase gets ready to introduce Bitcoin Yield Fund
Brian Armstrong, the CEO of Coinbase, has made an audacious forecast. He took to X to announce that the total addressable crypto market (TAM) for crypto will increase by 100 times as more reputable companies enter the sector.
“I’d much prefer to see every legitimate company entering the crypto world now. This will expand the TAM by 100x as crypto establishes itself as the foundation of the global financial system, ranging from capital markets to payments to debt, and so on,” stated Armstrong, in response to lawyer and crypto trader loganb.sui.
According to @loganb.sui, “It’s undervalued how much @coinbase has contributed to the industry over the past four years regarding legal and policy matters.”
The individual further noted that with a new administration that is more favorable, and a constructive SEC, the outcome will be regulatory clarity, subsequent growth of the industry, increased institutional involvement, and overall maturation.
“Nevertheless, it will also certainly lead to mounting and fierce competition for every facet of Coinbase’s operations,” the user concluded.
It’s undervalued how much @coinbase has contributed to the sector over the past four years from a legal and policy standpoint. Particularly since the benefits of this effort, while significantly advantageous to the overall ecosystem, could eventually harm $COIN in the marketplace.
For a long…
— loganb.sui (@TheWhyOfFI) April 28, 2025
In response, Armstrong stated, “The water is warm; everyone should jump in! This is the only way we will modernize the global financial system, providing true personal freedom and sovereignty for all.”
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Coinbase Asset Management Gears Up to Launch BTC Yield Fund
COINBASE TO PROVIDE YIELD.
The aim is a yield of 4-8%.
Here are key points to consider:
BTC does not inherently generate yield.
COINBASE will try to gather arbitrage on a basis trade between support and futures.
This will be titled The BTC Yield Fund.
Deposit Bitcoin, withdraw… pic.twitter.com/NslY7UcQYz
— George Bodine (@Jethroe111) April 28, 2025
On April 28, 2025, a Bloomberg report indicated that Coinbase Asset Management is set to launch a BTC yield fund on May 1, 2025. Reportedly, Coinbase will exclusively target non-US institutional clients, providing them with an additional avenue to earn yield on their BTC assets.
In comments regarding the new offering, Sebastian Bea, President of Coinbase Asset Management, stated, “We feel that the BTC Yield Fund is especially well equipped for this purpose due to its conservative and compliant investment strategy.”
Armstrong added, “Coinbase will maintain its position as the leading financial account for anyone involved in crypto – offering the most reliable and user-friendly products alongside deep crypto expertise, which has been our sole focus from the outset.”
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Key Points
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Armstrong’s remarks come as the crypto sector recovers from years of regulatory challenges and reputational issues.
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With a 66% share of the US crypto market and approximately 10 million users, Coinbase is well-positioned to capitalize on this upcoming phase, despite facing new competition.
The article “The water is warm, everyone should jump in,” Says Brian Armstrong As Coinbase Prepares To Launch BTC Yield Fund first appeared on 99Bitcoins.
