Shares of Coinbase Global, Inc. (COIN) rose 4.6% after better-than-expected Q3 results, but fell 3.9% due to a hack on the Balancer protocol. Investors can consider ETFs with exposure to Coinbase to mitigate risks and capture potential upside. Coinbase saw revenue growth in Transaction and Subscription & Services units, with $638.8 million cash outflow from operating activities in Q3.
Coinbase ended Q3 with $15 billion of USDC on the platform, contributing to USDC’s all-time high market cap. The company expects revenue growth in Q4 driven by higher crypto prices and expansion of the Coinbase One subscriber base. Expenses are expected to increase due to recent acquisitions, like the Deribit acquisition in August 2025.
ETFs like First Trust SkyBridge Crypto Industry & Digital Economy ETF (CRPT) and iShares Blockchain and Tech ETF (IBLC) offer exposure to Coinbase and have gained significantly year-to-date. Fidelity Crypto Industry and Digital Payments ETF (FDIG) and Global X Blockchain ETF (BKCH) also have exposure to Coinbase and have seen substantial growth. Bitwise Crypto Industry Innovators ETF (BITQ) provides exposure to companies servicing the cryptocurrency markets, including Coinbase.
Read more at Nasdaq: ETFs in Spotlight as Coinbase Shares Slip Despite Upbeat Q3 Earnings
