Wall Street’s biggest Bitcoin partner just lost $667M, which raises an uncomfortable question
Coinbase just posted a bruising earnings miss, and it’s triggering a question that hits far beyond COIN shareholders: what happens to Wall Street’s Bitcoin ETF boom if the custodian behind most of it has a bad year? The company did about $1.78B in revenue but swung to a $667M net loss (-$2.49 EPS) as trading […]
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