Coinbase Research Director highlights competitive shift in digital asset vaults, growth in BTC and ETH holdings

David Duong, the Head of Research at Coinbase, reveals that the digital asset treasury market is now in a competitive phase. BTC specific treasuries reached 1 million, about 5% of supply, while ETH treasuries total around 4.9 million, valued at 21.3 billion USD, over 4% of total supply.