Coinbase, a leading cryptocurrency exchange, announces the launch of the Coinbase Bitcoin Yield Fund, set to debut on May 1. This fund targets institutional investors, aiming to provide them with an enticing opportunity for exposure to Bitcoin. With projected annual returns between 4% to 8%, the fund intends to meet the soaring demand for Bitcoin yield. Coinbase Asset Management maintains its commitment to serving institutional clients while enhancing the overall Bitcoin ecosystem during this pivotal moment in the market.