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Brian R
@thetinyant
Lots of institutional investor concern on the spot bitcoin ETFs being negative for Coinbase. This misses the forrest for the trees: the ~entire reason BTC doubled since Oct is due to the ETFs, which incited & increased volume on Coinbase. If it wasn't for the ETFs, Coinbase would be printing numbers like it did in 1H23
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Brian R
@thetinyant
Plus, BTC and ETH are the gateway, as individuals and institutions start there. As they get exposure to the majors, many will look to the alts over time
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