Senior Researcher at Leverage Shares, Sandeep Rao, believes that Coinbase’s dominant market position as "the dominant venue for all things crypto" faces a new challenge. In a recent interview with Cryptonews, Rao warned that the company’s medium-to-long-term performance could suffer as newly launched Bitcoin spot ETFs like BlackRock and Fidelity compete for trading volume. "Several […] The post Bitcoin ETFs May Hurt Coinbase’s Bottom Line In 2024: Analyst appeared first on Cryptonews.
Senior Researcher at Leverage Shares, Sandeep Rao, believes that Coinbase’s dominant market position as "the dominant venue for all things crypto" faces a new challenge. In a recent interview with Cryptonews, Rao warned that the company’s medium-to-long-term performance could suffer as newly launched Bitcoin spot ETFs like BlackRock and Fidelity compete for trading volume. "Several […] The post Bitcoin ETFs May Hurt Coinbase’s Bottom Line In 2024: Analyst appeared first on Cryptonews.
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