However, Worthington noted that Coinbase doesn’t seem to think ETFs are driving investors away. “Similar to comments we heard from Robinhood’s management earlier in the week, Coinbase alleged that the spot Bitcoin ETF drove no shift in client behavior, and all trading seemed additive to existent spot trading,” he wrote.

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• Source: https://www.coindesk.com/business/2024/02/16/jpmorgan-criticizes-coinbases-lack-of-insights-into-its-etf-business/?utm_medium=referral&utm_source=rss&utm_campaign=headlines