Chuyên gia cho rằng Coinbase sắp gặp nạn vì Bitcoin
While the cryptocurrency world rejoices over Bitcoin‘s recent win with Grayscale’s court victory against the SEC, skeptics scrutinize the after-effects this could have on Coinbase, Americas premier crypto exchange. As the financial tides shift, these experts are sounding the alarm, warning of potential challenges that may loom for the leading exchange. Coinbases Potential Hurdle: A Double-Edged Sword？ The courts decision in favor of Grayscale, allowing it to convert its popular bitcoin trust (GBTC) into an ETF, has undeniably sparked excitement among many. Bitcoin, the star cryptocurrency, witnessed a 7% rise following the announcement, affirming the markets anticipation. However, amidst these celebrations, the bigger question emerges: Where does this leave Coinbase？ To the untrained eye, this victory might seem like a boost for the exchange. A potential increase in crypto prices could, after all, translate to heightened activity on Coinbase‘s platform. Yet, the financial experts aren’t convinced. The introduction of a spot bitcoin ETF in the U.S market could revolutionize how investors approach Bitcoin. Instead of directly trading on Coinbase, they might flock towards ETFs, viewing them as the more desirable route to gain exposure to the crypto market. Such a shift could severely dent Coinbase‘s trading volumes. Not to mention, a staggering 40% of Coinbase’s transaction revenue
