Coinbase Asset Management & iTrustCapital Partnership
iTrustCapital has partnered with Coinbase Asset Management to offer a Bitcoin yield strategy for IRAs, targeting accredited investors.
iTrustCapital, a leading US self-directed digital asset IRA technology and service provider with over $7 billion in crypto assets, has integrated with Coinbase Asset Management (CBAM) to enable accredited investors to hold CBAM-managed fund strategies in tax-deferred IRA accounts.
Bitcoin Yield Strategy
The integration debuts with a CBAM-managed Bitcoin (BTC) yield strategy, aiming to outperform Bitcoin's price by delivering investors Bitcoin's beta return plus additional yield.
Background
In August, the Trump Administration signed an Executive Order to introduce actively managed crypto strategies into 401k's and retirement accounts.
No additional yield details provided.
Author's summary: Coinbase and iTrustCapital partner for Bitcoin yield IRAs.