According to Bitcoin Magazine, Coinbase Business Chief Shan Aggarwal stated that major financial institutions are increasing their exposure to Bitcoin. The statement was made in a recent video presentation where Aggarwal discussed institutional trends related to digital assets.
Aggarwal noted observations from interactions with large banks regarding growing interest in holding Bitcoin as part of broader asset allocation strategies. He did not specify the number of institutions, percentage increase, or timing details. The remarks focused on an observable trend among banks rather than a definitive policy shift.
No additional context was provided about regulatory considerations, internal Coinbase positions, or competitive responses. The emphasis remained on reported institutional activity based on Aggarwal’s observations during the video discussion.
