Good news for Coinbase? Bitcoin ETF activity has been ‘additive’ to crypto demand, says Robinhood CFO

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One of the big concerns for investors in Coinbase Global is that the launch of spot bitcoin exchange-traded funds would hurt its main crypto brokerage.

At one competitor, that’s not been the case. Robinhood Markets HOOD CFO Jason Warnick said the spot bitcoin ETF hasn’t hurt demand elsewhere.

Related: Robinhood’s stock soars as retail investors…

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