VanEck Advisors: Most Bitcoin ETFs planning to host their Bitcoins at Coinbase would be good business for them

VanEck consultant Gabor Gurbacs posted on the X platform that most Bitcoin ETFs plan to host their Bitcoins at Coinbase, which is a good business for Coinbase (although it cannot be compared with transaction revenue). But it’s also a huge sharing of liability and counterparty risk. Like everything else, it's a double-edged sword.