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Coinbase (NASDAQ: COIN) stock got another win last week when Ethereum (CRYPTO: ETH) ETFs were approved. Not only will we get another set of ETFs for Coinbase to be the custodian for, the company is also seeing cryptocurrency financial products become more mainstream. In this video, Travis Hoium covers why this is a bullish trend for Coinbase.
*Stock prices used were end-of-day prices of May 26, 2024. The video was published on May 28, 2024.