Coinbase CEO Brian Armstrong used X to clearly share statistics as institutional crypto adoption gains momentum.
Armstrong said the US-based Exchange Trade Fund (ETF) currently owns $140 billion in cryptocurrency, representing a major leap in institutional involvement. Of that amount, 81% is fixed in Coinbase.
According to ETF Store president Nate Geraci, another 5 billion people have flowed into Spot BTC ETFs, totaling $1.3 billion in a week, marking a 14-day inflow, currently reaching $4.6 billion.
Coinbase CEO also noted that more than 50 new ETF filings have been submitted since the beginning of the year that Coinbase is tracking, informing them that there is no institutional crypto boom.
Our institutional team is crushing it – two great statistics from this week’s QBR:
1) Eight people from the top 10 public companies use Coinbase Prime, using BTC on their balance sheet.
2) US ETFs have $140 billion in crypto, 81% of which is stored at Coinbase. I’m tracking more than 50…
– Brian Armstrong (@brian_armstrong) June 27, 2025
In one such recent move, Nate Gelach informs the crypto community that Clanesheles has applied for the Coinbase 50 Index ETF, which tracks the performance of the largest and most liquid digital assets of 50 by market capitalization. Geraci predicts a “large wave of Crypto Index ETF filing” will come.
According to Armstrong, eight of the top 10 companies that own Bitcoin (BTC) on their balance sheet use Exchange facility-grade custody and trading platform Coinbase Prime.
Coinbase launches us a permanent style future
This week, Coinbase announced the imminent launch of US permanent style futures on derivative exchanges.
On July 21st, Coinbase Derivatives will introduce US permanent style futures, a suite of US futures that closely track spot prices, provide leverage and adhere to CFTC regulations. It is one of the first products of its kind in the US, and attempts to address the great needs of the domestic derivatives market.
Coinbase will launch two contracts for trade on July 21: Nano Bitcoin Perpetual Style Futures (0.01 BTC) and Nano Ether Perpetual-Style Futures (0.1 ETH).