US SEC expected to deny spot ether ETFs next month, industry sources say

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Coinbase Global Inc. (COIN) PT Raised to $300 at H.C. Wainwright

April 29, 2024 6:06 AM EDT

H.C. Wainwright analyst Mike Colonnese raised the price target on Coinbase Global Inc. (NASDAQ: COIN) to $300.00 (from $250.00) while maintaining a Buy rating.

The analyst comments "1Q24 was a standout quarter for the crypto industry. The record-breaking success of the spot BTC ETFs in the U.S. in their first quarter of trading (launched on January 11), which collectively attracted more than $12B in total net inflows in 1Q (Exhibit 1), and... More