Coinbase Custody

Fiduciary trust

Coinbase Custody is the dominant custodian for the Bitcoin held by US spot ETFs: it backs the vast majority of products on the market, including BlackRock's IBIT. It operates as a New York trust under NYDFS supervision and holds conditional OCC approval for a national trust-bank charter.

Concentration in spot ETFs

Custodies 9 of the US spot Bitcoin ETFs, equal to 84.0% of the segment's BTC under custody.

Custody data

Qualified custodianYes

Spot ETFs it custodies

IBIT · BlackRock GBTC · Grayscale Investments ARKB · ARK Invest · 21Shares BITB · Bitwise Asset Management BTCO · Invesco · Galaxy Digital EZBC · Franklin Templeton BTCW · WisdomTree BRRR · CoinShares · Valkyrie MSBT · Morgan Stanley

How institutional crypto custody works →Compare all custodians →Spot ETF directory →

Other institutional custodians

Fidelity Digital Assets Gemini Trust Company BitGo Trust Company Anchorage Digital Fireblocks Copper

Disclaimer: SatsIntel is for informational purposes only. It is not an authorized crypto-asset service provider (CASP) and does not provide financial, tax or legal advice. Crypto-assets are high-risk assets and may result in the total loss of the invested capital. See the legal terms.