Kraken sets sights on crypto ETF custody amid Ethereum ETF buzz

In a significant move that underscores the escalating competition within the cryptocurrency exchange and custody sector, Kraken, the United States’ second-largest crypto exchange, is reportedly setting its sights on entering the burgeoning market for crypto ETF custodianship. This strategic pivot comes from Coinbase’s successful foray into serving as a custodian for most of the newly…

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