Coinbase's USCBYF product aims to deliver Bitcoin-based returns with additional yield opportunities, targeting accredited investors in the U.S.
Coinbase Asset Management has launched the Coinbase US Bitcoin Yield Fund (USCBYF), offering accredited U.S. investors Bitcoin Benchmark Return (BRR) with extra BTC yield. The fund will generate returns through Bitcoin private credit lending and basis trading. Subscriptions are available in BTC, USD, or USDC, with retirement accounts expected by 2026 via iTrustCapital.