Coinbase is a public company.
They are on the block for acquisition by Blackrock or some other much larger company that wants to completely control the BTC ETF market. (almost completely : see Fidelity for more details).
This is a fact.
Discussion
I wonder if any of these fund managers will get curious and want to self-custody their UTXO’s in time.
They’ll all surely start to understand the trusted third party failure mode their stack is exposed to…