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. https://www.coindesk.com/resizer/IpFTEdqiA8B7ymowmvGIvWDRlDQ=/811x1014/filters:quality(80):format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/VLVQZ4EBGNEJBK2SLB3LXQCBRM.png
I've seen it reported both ways. Either way, they're not HODLing anything.