Crypto World News reports that Wu said on Twitter, citing a document: the founder of the research organization fiftyonexyz, Marc Baumann, said that Coinbase Custody has custody of about 84% of the U.S. spot Bitcoin ETF assets, with a total size of approximately $77 billion. The market is concerned that the high concentration of funds with a single custodian could pose systemic risks, and this has attracted regulatory attention.

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