Coinbase Asset Management will launch the Coinbase Bitcoin Yield Fund (CBYF) on May 1, offering conservative international investors annual returns between 4% and 8% in Bitcoin. The fund aims to attract traditional investors like Baby Boomers by providing a stable investment environment. Monthly subscriptions and redemptions are allowed with a five-business-day notice period. The fund plans to manage up to $1 billion in assets, with holdings secured by qualified custodians and managed without moving assets out of secure storage. Aspen Digital has helped seed the fund and will be the exclusive wealth distribution partner in the UAE and Asia.

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