Coinbase CEO Brian Armstrong took to X to share revealing stats as institutional crypto adoption positive factors momentum.
Armstrong talked about that U.S.-based exchange-traded funds (ETFs) presently maintain $140 billion in cryptocurrency, representing a significant leap in institutional involvement. Of that quantity, 81% is secured with Coinbase.
In line with Nate Geraci, the ETF Retailer president, one other half billion flowed into spot BTC ETFs, totaling $1.3 billion for the week, marking 14 straight days of inflows which have now reached $4.6 billion.
The Coinbase CEO additionally famous that greater than 50 new ETF filings have been submitted because the begin of the 12 months, which Coinbase is monitoring, signaling that the institutional crypto growth is way from performed.
Our institutional workforce is crushing it – two superior stats from our QBR this week:
1) 8 of the highest 10 publicly traded corporations with BTC on their stability sheet use Coinbase Prime.
2) There’s $140B of crypto in US ETFs, and 81% of that’s saved with Coinbase. We’re monitoring > 50…
— Brian Armstrong (@brian_armstrong) June 27, 2025
In a single such latest transfer, Nate Geraci informs the crypto group that KraneShares has filed for Coinbase 50 Index ETF that may observe the efficiency of the fifty largest and most liquid digital belongings by market capitalization. Geraci predicts a “huge wave of crypto index ETF filings” coming.
In line with Armstrong, 8 of the highest 10 publicly traded corporations holding Bitcoin (BTC) on their stability sheets are utilizing Coinbase Prime — the alternate’s institutional-grade custody and buying and selling platform.
Coinbase to launch US perpetual-style futures
This week, Coinbase introduced the upcoming launch of U.S. perpetual-style futures on its derivatives alternate.
On July 21, Coinbase Derivatives will introduce U.S. Perpetual-Model Futures, a U.S. futures product suite that intently tracks spot costs, offers leverage and complies with CFTC rules. This will likely be one of many first merchandise of its sort in the US, trying to handle a significant want within the home derivatives market.
Coinbase will launch two contracts for commerce on July 21: Nano Bitcoin Perpetual-Model Futures (0.01 BTC) and Nano Ether Perpetual-Model Futures (0.1 ETH).
