Home Cryptocurrency Community banks see net deposit outflows to Coinbase: Study

Community banks see net deposit outflows to Coinbase: Study

Community banks see net deposit outflows to Coinbase: Study

A transaction-level analysis of 92 community banks found $78.3 million in net deposits moved to Coinbase over 13 months, with money market accounts losing most outflows.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Bitcoin’s Recent Drop Isn’t About Fundamentals, Brian Armstrong Says

The Bitcoin’s recent pullback may look concerning on the surface, but according...

Ether.fi moves Cash card product to OP Mainnet in major platform shift

Ether.fi will migrate 70,000 cards and 300,000 accounts to OP Mainnet, bringing...

Bitcoin options market structure leans toward $60K retest in February

Bitcoin may stay capped under $70,000 as traders deploy bearish options strategies,...