That said, June shows only a slight improvement over May. More to the point, July’s numbers are trending down from June.
In analyzing the recent performance of Coinbase stock, Barclays cautioned: significant gains following news of BlackRock’s promoted spot bitcoin exchange-traded fund (ETF) may not accurately reflect the potential impact on Coinbase’s future financial report.
Barclays analysts remain optimistic about the long-term prospects for returns on Coinbase securities
Eleanor Ashworth is editor-in-chief at BTCNews. A Cambridge-trained journalist with 18 years across the Financial Times, Reuters and the Telegraph, she joined the crypto beat in 2017 after covering the Bank of England and HM Treasury. She holds the SABEW Best in Business award (2022) and was shortlisted for the British Journalism Awards (2023). At BTCNews she sets the editorial line for Bitcoin and macro markets coverage, with a focus on institutional adoption, regulation and central-bank policy. Based in London.
