Coinbase is the official custodian for all Bitcoin held in BlackRock’s spot BTC ETF.
A U.S. bill is in its final stages that would allow traditional banks to offer crypto services.
Coinbase is expected to custody crypto for these banks as they onboard.
The U.S. is inching closer to full-scale institutional adoption of crypto.
🔐 Coinbase Is Holding BlackRock's Bitcoin
One of the biggest stories in crypto custody just got bigger.
Coinbase, one of the largest and most trusted crypto exchanges in the U.S., has been selected to custody 100% of the Bitcoin backing BlackRock’s spot BTC ETF. This partnership represents a major vote of confidence from the world’s largest asset manager — and it places Coinbase at the heart of institutional Bitcoin exposure.
But that’s just the beginning.
🏦 U.S. Banks Are Next — and Coinbase Is Ready
According to multiple reports, a major U.S. bill is nearing approval that will allow traditional banks to offer crypto services to their clients. This includes crypto trading, custody, and investment services for retail and institutional customers alike.
If passed — and it’s in the final legislative stages — this bill could usher in a flood of demand from U.S. banking clients.
So who’s going to custody that crypto?
All signs point to Coinbase, already proven at scale, with deep regulatory ties and battle-tested infrastructure. Industry insiders suggest that Coinbase will be the backend provider for many of the largest banks once this legislation passes.
🔍 Why This Matters
Massive Institutional Access: BlackRock was the tip of the iceberg. Banks are coming.
Custody Wars Heating Up: Coinbase is now the default for regulated institutions — and may stay that way.
U.S. Adoption Timeline Accelerating: Policy shifts are aligning with market demand.
Liquidity Surge Incoming? More on-ramps = more capital = more Bitcoin bought and held.
📈 What’s Next?
With one hand holding Wall Street’s Bitcoin and the other ready to support U.S. banks, Coinbase is becoming a critical piece of crypto infrastructure — not just for the U.S., but for global markets.
If the legislation goes through (as expected), we could be looking at one of the biggest onboarding waves in crypto history.
Stay sharp. The institutions aren't coming anymore — they’re integrating.
