With all these Coinbase outages, I wonder if any of the suits are worried that they’re the custodian to the majority of the ETFs, including Blackrock.
Probs not. 🤷♂️
Discussion
No because they're the ones being protected.
Gotta imagine Unchained, On Ramp, and others are reaching out to these ETF issuers and pointing out that this is a totally unacceptable situation. That being said, who knows what backroom deals were cut between the govt and the ETF issuers about custodial options.
Well they dont trade on coinbase they just settle at the end of the day. By that time coinbase is up back and running. If you notice the outages are always early.
