Coinbase’s ‘Existential Overhang’ Is Being Obscured by Bitcoin ETF Frenzy

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Coinbase’s ‘Existential Overhang’ Is Being Obscured by Bitcoin ETF Frenzy
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Sentiment around Coinbase Global Inc. is rising as the long-anticipated debut of an exchange-traded fund that invests directly in Bitcoin appears imminent. That’s fueling expectations for a widespread increase in demand, and apparently prompting some investors to disregard the uncertainty surrounding the largest US crypto exchange.

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