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A bitcoin ETF is extremely important for the institutional adoption of crypto: Coinbase's ShirzadA Bitcoin futures ETF is based on futures contracts, essentially agreements to buy or sell bitcoin at a future date, reflecting the anticipated. Coinbase spokesperson said it expects to benefit from the spot ETFs by monetizing custody fees charged for holding the underlying bitcoin. Coinbase is currently the only trading agent for BlackRock, which will buy and sell Bitcoin for its ETF through Coinbase Prime. And its lending.
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