Bitcoin Yield Revolution: Coinbase Targets Institutions with New Passive Income Fund

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🌍 Daily Crypto Market Overview

Global Stats:

• Cryptocurrencies: 14.58M

• Exchanges: 809

• Market Cap: $2.97T (+1.01%)

• 24h Volume: $89.52B (+49.11%)

• Bitcoin Dominance: 63.3%

• Ethereum Dominance: 7.3%

• ETH Gas Price: 0.39 Gwei

• Fear & Greed Index: 53 (Neutral)

🪙 Top 5 Cryptocurrencies by Market Cap:

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🚀 Trending on DexScan:

1. TRUMP/USDC – $14.40 (+1.21%)

2. Fartcoin/SOL – $1.11 (+0.58%)

3. POPCAT/SOL – $0.3794 (+3.05%)

4. Grassito/SOL – $0.05853 (+667%)

5. KMNO/USDC – $0.06425 (+5.35%)

💹 Market Highlights:

• Total DeFi Volume: $6.31B (7.05% of total volume)

• Stablecoins Volume: $83.57B (93.35% of total volume)

• Coin with Highest % Change: Grassito/SOL (+667% 🚀)

📈 Preview On Today’s News:

1. - Bitcoin Yield Revolution: Coinbase Targets Institutions with New Passive Income Fund

2. - Bitcoin Reserve Law on the Brink: Arizona Sets Historic Crypto Precedent

3. - MicroStrategy Deepens Crypto Gamble with $1.42B Bitcoin Purchase

Keep reading below for more!

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Today’s News:

1)

Bitcoin Yield Revolution: Coinbase Targets Institutions with New Passive Income Fund

Coinbase Asset Management will launch the Coinbase Bitcoin Yield Fund on May 1, 2025, aimed exclusively at non-U.S. institutional investors. The fund seeks to deliver a 4%-8% annual net yield, paid directly in Bitcoin, offering investors a unique opportunity to grow their crypto assets while earning passive income. Utilizing a basis trading strategy — exploiting price differences between Bitcoin’s spot and futures markets — the fund is designed to produce steady returns with controlled risk. Institutional confidence is strong, with Aspen Digital participating as a seed investor, highlighting growing demand for sophisticated, yield-generating crypto investment products.

• Coinbase launches a Bitcoin Yield Fund targeting non-U.S. institutions, offering 4%-8% annual returns paid in Bitcoin through basis trading strategies.

• Aspen Digital’s early investment signals strong institutional demand for stable, crypto-based income opportunities.

2)

Bitcoin Reserve Law on the Brink: Arizona Sets Historic Crypto Precedent

Arizona has made history by becoming the first U.S. state to pass a Bitcoin reserve bill, allowing up to 10% of public funds to be invested in cryptocurrencies like Bitcoin. The bill now awaits Democratic Governor Katie Hobbs’ signature to become law. If enacted, this legislation could significantly advance the institutional adoption of digital assets within government financial operations, marking a pivotal moment for Bitcoin’s legitimacy in public finance.

• Arizona passed a Bitcoin reserve bill enabling up to 10% of public funds to be invested in cryptocurrencies, pending Governor Katie Hobbs’ approval.

• If signed into law, Arizona will set a major precedent for U.S. state-level cryptocurrency integration into public finance.

3)

MicroStrategy Deepens Crypto Gamble with $1.42B Bitcoin Purchase

Michael Saylor’s MicroStrategy has once again expanded its Bitcoin holdings, acquiring 15,355 BTC for $1.42 billion at an average price of $92,737 per coin. This bold move reinforces MicroStrategy’s strategy of positioning Bitcoin as a core treasury asset and signals unwavering corporate conviction in digital assets despite market volatility. As of April 27, 2025, the company owns 553,555 BTC, acquired at a total cost of $37.9 billion, with an average purchase price of $68,459. While this aggressive accumulation strengthens Bitcoin’s legitimacy among institutional investors, it also heightens MicroStrategy’s exposure to the asset's notorious price swings, tightly coupling MSTR stock performance to Bitcoin's market movements.

• MicroStrategy acquired 15,355 BTC for $1.42 billion, bringing its total holdings to 553,555 BTC at an average cost of $68,459, solidifying its position as the largest corporate Bitcoin holder.

• Led by Michael Saylor, the company’s Bitcoin-centric strategy amplifies institutional crypto adoption but increases its vulnerability to Bitcoin’s volatility.

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