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Don Lemon Returns, Bitcoin ETF Approval, and BI vs. Axel Springer
Pivot
Impact of Bitcoin ETF on Coinbase
The introduction of a Bitcoin ETF would make purchasing Bitcoin easier for the majority of people, bringing legitimacy and greater scrutiny to the cryptocurrency market. It would also lead to a reduction in transaction fees as the ETFs compete against each other. The comparison is drawn between Coinbase and AOL, where Coinbase served as an early and user-friendly tool for accessing Bitcoin, but with the ETF making it easier to buy and sell, the value proposition of Coinbase is expected to decrease significantly.
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