Coinbase is benefitting dramatically from the approval of spot Bitcoin ETFs. However, the stock may just be getting started as a potential Ethereum ETF approval looms.
A 'Seed Capital Investor' has purchased 400,000 shares of the proposed filing, BlackRock revealed in its document.
BlackRock Inc’s (NYSE:BLK) iShares Bitcoin Trust (NASDAQ:IBIT) has become the most significant Bitcoin fund globally, amassing nearly $20 billion in assets since its U.S. listing earlier this year. As of Tuesday, the fund held $19.68 billion in Bitcoin (CRYPTO: BTC), surpassing the $19.65 billion Grayscale Bitcoin Trust (NYSE:GBTC). Fidelity Investments’ Bitcoin offering stands third with $11.1 billion. The iShares Bitcoin Trust and Fidelity Bitcoin ETFs, launched on January 11, alongside the Gr