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Bitcoin Custody: Enabling Big Finance To Benefit From Bitcoin - Forbes

Retrieved on: 2025-01-20 20:56:18

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Summary

The article discusses the risks of relying on single custodians like Coinbase for bitcoin ETFs, highlighting the potential for catastrophic losses, as seen with FTX and Mt. Gox. It advocates for multi-institutional custody to enhance security and decentralization, aligning with the key concept 'FTX' and tags like 'Bitcoin', 'Exchange-traded fund', and 'Assets under management'.

Article found on: www.forbes.com

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