Bitcoin ETF Victory: Coinbase Stock Soars Despite Expectations
TL;DR Summary
The approval of exchange-traded funds (ETFs) tracking the spot price of Bitcoin has led to a surge in crypto-related stocks, including Coinbase. However, analysts at Mizuho predict that Coinbase Global may face increased challenges despite the positive development.
- Coinbase Stock Soars on Bitcoin ETF Win. Why It Should Be Falling. Barron's
- First bitcoin ETF could be coming soon as court rules in favor of Grayscale over SEC CNBC
- U.S. court rules in favor of Grayscale over SEC, opening door for first spot Bitcoin ETF CNBC Television
- Grayscale Can Be a Bitcoin ETF Bloomberg
- Court grants Grayscale's petition for review in bitcoin ETF case against SEC Blockworks
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