From Nasdaq:

1. Coinbase and Bitcoin ETFs are at the center of a financial debate. With the approval of spot Bitcoin ETFs, Coinbase stock is viewed as a buy signal, not a reason to sell.

2. After two years of losses, Coinbase turns profitable, posting a net profit of $273 million in Q4 2023. The stock rose 12.7%, solidifying its status as a legitimate and profitable business.

3. Despite the rise of Bitcoin ETFs, Coinbase generated $320 million in transaction revenue in Q1. Analysts view this as a positive sign for Coinbase’s business and investors.

4. COIN Stock Analysis suggests that Coinbase is a viable alternative to Bitcoin ETFs. Investors are encouraged to confidently start or add to their Coinbase share position, as the rise of Bitcoin ETFs could benefit the company.



Read more at Nasdaq: Cash in on the Crypto Craze With Coinbase Stock