Cryptocurrencies
Whipsawed Bitcoin Investors Eye Coinbase as Steadier Crypto Bet
- Stock expected to provide diversification to crypto investors
- Coinbase will be a ‘lower beta play,’ says Delphi’s Kelly
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For many investors, Coinbase Global Inc.’s trading debut next week will be an entry into the $2 trillion cryptocurrency market.
And for those who have already gorged on Bitcoin, the arrival of the largest U.S. cryptocurrency exchange on the Nasdaq Stock Market could be what is needed to settle portfolios roiled by the asset class’s notorious volatility.