The asset manager is the largest public holder of bitcoin by virtue of its iShares Bitcoin Trust exchange-traded fund, which now holds more than 300,000 BTC.
The approval of spot bitcoin ETFs was a catalyst for the increase in counterparty engagement in the first quarter as more traditional asset managers and hedge funds entered th...
Grayscale, which converted its flagship Grayscale Bitcoin Trust into an ETF in January, saw revenue stay flat as rising crypto prices balanced out heavy outflows and a lower m...
The positive momentum seen in the first quarter has continued, with the platform taking in a record $5 billion in deposits in April, the analysts said.
The business has a number of positive catalysts including its smart wallet, Coinbase Prime, layer-2 network Base and its growing international offering, the analysts said.