Coinbase Asset Management, a subsidiary of Coinbase, is about to launch a new fund aimed at bringing regular returns to clients' Bitcoin holdings. It is reported that the product, called Coinbase Bitcoin Yield Fund, is scheduled to be launched on May 1, with the goal of achieving an annualized net return of 4% to 8%, and the returns will be distributed in the form of Bitcoin. In addition, the fund is only open to non-US institutional investors.