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Coinbase's Bitcoin Market Share Climbs To 60% After ETF Approval

source-logo  coingape.com 08 March 2024 18:33, UTC

After the approval of Spot Bitcoin ETFs, Coinbase has seen a surge in dominance within the U.S. market with respect to BTC share. The reason behind this increase could be Coinbase’s move to serve as a custodian for 8 of the 11 newly approved Bitcoin ETFs.