Coinbase is exploring a crypto ETF, and it has sought help from $6 trillion Wall Street giant BlackRock

Business Insider reporter Frank Chapparo is reporting that:

> * Coinbase is looking to create an exchange-traded product tied to crypto, according to people familiar with the matter, as a way to allow retail investors to gain access to the volatile market.
> * The firm in recent weeks has held conversations with members of BlackRock’s blockchain working group to tap into the firm’s expertise at launching exchange-traded products.
> * Coinbase announced in March an index fund of cryptocurrencies aimed at accredited investors. An ETF, however, is geared towards more mainstream investors.
> * If Coinbase were to develop a crypto ETF, it would join a number of other firms also looking to launch their own, including rival Gemini, Bitwise Asset Management, and VanEck.

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