He points out that outflows from ETFs – driven by Grayscale’s Bitcoin Trust (GBTC) – outpaced the inflows for the funds that Coinbase provides custodial services for, dragging down Coinbase’s ETF-related assets under management (AUM). In addition, spot volumes on the exchange have slowed after the initial excitement surrounding the ETF launch, Dolev said.
DePIN’s Solution to AI’s Biggest Blind Spot
Decentralized machine perception, managed by tokens and cryptographically secure, could offer a privacy and effectiveness upgrade over centralized systems, says...