Heavy Bitcoin inflow into Coinbase Prime service visibile on-chain after ETF launches
Quick Take Significant Bitcoin inflows into Coinbase’s Prime Brokerage services, which cater primarily to US institutional investors, can be seen via CryptoQuant data. Coinbase Prime offers advanced trading platforms, over-the-counter (OTC) desks, and custody services – appealing features for institutional clients. This influx aligns with the launch of Bitcoin exchange-traded funds (ETFs) on Jan.11; CryptoQuant...