Coinbase Targeting 4%-8% Returns With New Bitcoin Yield Fund [Yahoo! Finance]
Coinbase Global, Inc. - Class A (COIN)
US:NASDAQ Investor Relations:
convertedorganic.com
Company Research
Source: Yahoo! Finance
Opening on May 1 for non-US institutional investors, the Coinbase Bitcoin Yield Fund aims to deliver a 4% to 8% annualized net return, according to a press release on Monday. Among those backing the fund, Abu Dhabi-based Aspen Digital said yield will initially be generated through basis trading, with lending and options strategies to be used in the future. The so-called bitcoin basis trade involves capitalizing on the spread between futures and spot markets. It became popular at the tail end of 2024 as hedge funds notched a record high of $14.2 billion in BTC short positions, whilst simultaneously buying spot bitcoin ETF shares. The strategy produces yields depending on the spread between both markets, but isn't immune to risk. For instance, if an entity was short $1 billion on a BTC futures product and the price of BTC was to wildly surge, that entity would need to keep adding margin to avoid liquidation. Also, as the trade becomes more crowded, the spread and subsequent yie
Show less
Read more
Impact Snapshot
Event Time:
COIN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
COIN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
COIN alerts
High impacting Coinbase Global, Inc. - Class A news events
Weekly update
A roundup of the hottest topics
COIN
News
- Coinbase Global (NASDAQ:COIN) was given a new $340.00 price target on by analysts at UBS Group AG.MarketBeat
- Coinbase's ‘everything exchange' strategy can drive growth, says Deutsche Bank [CNBC]CNBC
- Coinbase Global (NASDAQ:COIN) is now covered by analysts at Deutsche Bank Aktiengesellschaft. They set a "buy" rating on the stock.MarketBeat
- How the Narrative Surrounding Coinbase Has Shifted Amid ETF Competition and New Growth Initiatives [Yahoo! Finance]Yahoo! Finance
- What to know now about changes to your 2025 taxes [CNN]CNN
COIN
Earnings
- 10/30/25 - Beat
COIN
Sec Filings
- 12/16/25 - Form 8-K
- 12/15/25 - Form 144
- 12/10/25 - Form 4
- COIN's page on the SEC website