BNY Mellon’s Bitcoin ETF Custody Service: Coinbase Dominance At Stake?

America’s largest custodian bank, BNY Mellon, is on track to launch a Bitcoin Exchange-Traded Fund (ETF) custody service. When fully operational, this service will challenge the Coinbase Custody product for spot Bitcoin ETF issuers. The launch of the Bitcoin ETF custody service allows BNY Mellon to serve institutional investors, expanding its reach in the crypto […] source: https://www.thecoinrepublic.com/2024/09/25/bny-mellons-bitcoin-etf-custody-service-coinbase-dominance-at-stake/