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Coinbase CEO Addresses ETF 'Paper Bitcoin' Claims
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Coinbase CEO Addresses ETF 'Paper Bitcoin' Claims
Executives at Coinbase used a recent company ‘AMA’ call to address growing scrutiny around Bitcoin exchange-traded funds, defending the firm’s dominant role as a custodian and pushing back against claims that spot Bitcoin ETFs are backed by “paper Bitcoin” rather than real assets. Responding to a question from Bloomberg’s James Seyffart, Coinbase CEO Brian Armstrong said the company holds a commanding share of the U.S.-listed Bitcoin ETF custody…
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