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Coinbase dominates custody for majority of spot ETFs, says Bitwise

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FOMOGRAM Editorial Desk
Aug 4, 2026
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Coinbase dominates custody for majority of spot ETFs, says Bitwise
EXECUTIVE SUMMARY

Coinbase is the primary custodian for most U.S. spot Bitcoin and Ethereum ETFs, overseeing about 80-84% of Bitcoin ETF assets. This centralization invites regulatory attention amid growing industry reliance.

Coinbase is the primary custodian for most U.S. spot Bitcoin and Ethereum ETFs, overseeing about 80-84% of Bitcoin ETF assets. This centralization invites regulatory attention amid growing industry reliance.

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Coinbase’s dominant custody role in spot ETFs underscores systemic concentration but lacks immediate price impact trigger.

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