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Report: Coinbase and Kraken Account for 22% of AI Citations in the US Crypto Industry, IBIT Dominates Bitcoin ETF-Related Answers

2026-05-10 08:15

Odaily Planet Daily News A market analysis report shows that Coinbase and Kraken together account for 22% of all AI citations across cryptocurrency categories, with Coinbase at 13% and Kraken at 9%, leading other US trading platforms by a threefold margin. Gemini ranks third with 5.5%, Robinhood Crypto is fourth with 5%, and BlackRock's spot Bitcoin ETF IBIT is fifth with 4.5%, dominating responses to queries related to "Bitcoin ETFs."

The analysis indicates that the influence of hardware wallets in AI-generated answers is waning. Although Ledger and Trezor still dominate responses to "best crypto wallet" questions, for inquiries about the "best way to store crypto assets," AI is increasingly favoring regulated trading platform custody solutions. The report notes that the "self-custody narrative," which gained traction after the FTX incident, is no longer the dominant framework cited by AI.

Furthermore, AI is rapidly shaping the landscape of retail crypto financial brands in the US. "When users ask ChatGPT where to buy Bitcoin, the platforms that are prioritized by AI will have the opportunity to define the industry's landscape for the next decade." (PRNewswire)