Can ETF Doubts Stop Coinbase (COIN) Stock From Hitting New ATH?

So far the year 2024 is not in favor of Coinbase’s shareholders as the asset continues to deepen its current correction trend. From the last peak of $187, the Coinbase (COIN) Stock has fallen 37.36% to $117 within the last 30 days of trading. Besides the general market sentiment, it seems the newly launched Bitcoin ETFs have accelerated the selling pressure in COIN.