COIN - Brian Armstrong: Bitcoin ETF Approval Is Win-Win For Coinbase | Benzinga
Coinbase Global, Inc. (NASDAQ:COIN) is coming off a stellar year in which it surged more than 390%. The recent approvals of 11 Bitcoin (CRYPTO: BTC) ETFs have left many wondering if broader access to Bitcoin will help or harm Coinbase moving forward.
What Happened: Coinbase CEO Brian Armstrong appeared on CNBC’s “Squawk Box” last Wednesday to discuss the impacts of the ETF approvals on Coinbase and the broader crypto space.
"There's 52 million Americans who have been using crypto over the past decade, and I think they've been waiting for some kind of acknowledgment from the government, and the SEC in particular, that this asset class is here to stay — and they finally got that," Armstrong said. ...