From Investing.com:

Coinbase Global shares fell by 4.6% as Bitcoin prices dropped more than 4% in early trading on Tuesday. Despite the approval of several spot exchange-traded funds (ETFs), Bitcoin hit a seven-week low, falling below $40,000. The lackluster performance post-ETF approval has led JPMorgan analysts to downgrade Coinbase stock to Underweight and lowered the price target to $80 per share, signaling a downside risk of about 35% from current prices.



Read more: Coinbase falls 5% as Bitcoin prices slip, JPM downgrades to sell By Investing.com