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Coinbase Falls Below $250 Reference Price for First Time Amid Crypto Correction

The drop seems to confirm what some equity analysts had pondered at the time of Coinbase’s listing – that COIN might act as a proxy bitcoin exchange-traded fund (ETF).

Updated Sep 14, 2021, 12:56 p.m. Published May 17, 2021, 4:16 p.m.
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