Wall Street’s growing appetite for digital assets is now clearly reflected in the sharp rise of institutional crypto holdings through U.S.-based exchange-traded funds. According to Coinbase CEO Brian Armstrong, these ETFs have amassed a total of $140 billion in cryptocurrency. Notably, Coinbase holds 81 percent of that amount securely, underlining the platform’s expanding role in institutional finance.
Armstrong revealed this data via X, where he emphasized the scale of institutional adoption now taking place. Coinbase is the leading custodian of a large portion of crypto investments that are ETF-based this year, making it a key figure in this transition.
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Nate Geraci, the president of ETF Store, claims that spot Bitcoin ETFs keep experiencing robust inflows. Another half a billion dollars was added to these funds recently, upping the weekly aggregate to three hundred million dollars. In the past 2 weeks, inflows are at a steady stream of capital flows into crypto ETFs, hitting a high of $4.6 billion.
In addition to the funds that are already available, additional products are set to be ready. Armstrong revealed that more than 50 new ETF applications have been submitted this year. Coinbase follows all of them, which also indicates that institutional demand remains on the rise.
New ETF Filings and Coinbase Index Fund Signal Broader Institutional Push
KraneShares has submitted one of the latest filings, aiming to launch the Coinbase 50 Index ETF. This proposed fund would track the top 50 digital assets based on market capitalization and liquidity. Geraci expects more filings of this nature as demand for diversified crypto exposure intensifies.
Armstrong also revealed that 8 of the 10 public-listed largest companies holding Bitcoin on their balance sheets use Coinbase Prime to carry out custody and trade. The platform is adapted to the requirements of institutions, which implies compliance and safe access to the market.
Coinbase is also ready to open new derivatives to U.S. investors. On July 21, it will introduce U.S. Perpetual-Style Futures contracts that follow spot prices and commercialize leverage in a regulated framework. It will become the first of two nano contracts that will be launched for Bitcoin at 0.01 BTC and Ether at 0.1 ETH.
With Wall Street firms heavily adopting ETFs and using Coinbase to secure their holdings, institutional crypto involvement is accelerating. The flow of inflows, new product releases, and fund registrations makes Coinbase the key player in the second era of crypto finance.
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