I heard off Bloomberg that VanEck was going to use Gemini for custody. Are you sure they’re going to use Coinbase? I saw a graphic that showed Fidelity was going to self custody, hashdex was unknown, and 9 of the 12 are using Coinbase. If vaneck is using Coinbase now that would be 10 of 12.
I've seen it reported both ways. Either way, they're not HODLing anything.
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Fidelity is the only legit one.