Coinbase will be “acutely pressured in the near-term” as its retail customer base trades less frequently in the bear market, but the company has staying power due to its healthy balance sheet with over $5 billion in cash, it’s proactive approach to regulatory compliance, prudent risk management and its legitimacy as a publicly listed and audited company, the note said.
Bitcoin (BTC) ETF Inflow Slowdown Is a Short-Term Pause, Not the Start of a Worrying Trend: Bernstein
The slowdown in bitcoin (BTC) exchange-traded fund (ETF) inflows is a short-term pause before ETFs become more integrated with private...