Kraken's new Bitcoin (BTC) vault quickly attracted $30 million in deposits from 4,000 unique users within its first 10 hours. This new product lets users earn rewards on their BTC holdings.

Crypto exchange Kraken recently launched its new Bitcoin (BTC) vault, allowing users to earn rewards on their holdings. This new product quickly gained popularity, collecting $30 million in Bitcoin deposits. Over 4,000 individual wallets, meaning distinct user accounts, contributed funds within the first 10 hours of its release. This shows strong early interest in ways to grow Bitcoin investments through secure, custodial services offered by exchanges. Users can now potentially increase their BTC holdings simply by storing them in the vault.