ETH: Coinbase's stock could see a limited boost from Bitcoin ETF approval 🚀
Analysts say the launch might not be as significant for Coinbase, which is currently down over 30% year-to-date. Mike Novogratz expects SEC to approve by end of year, but Barclays analyst Ben Budish sees it as more of a psychological shift rather than a major financial one.
Approval could lead to higher market sentiment, but the impact on Coinbase itself might be limited. 🤔
Are you bullish or bearish on Coinbase stock? 👇
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