Coinbase Reports 10.3% Market Share, CEO Sees Bitcoin ETF Outflows Stabilizing in Q3
Coinbase disclosed a trading volume market share of 10.3%, with its CEO saying the company continues to grow its share and that Bitcoin ETF outflows from Q2 have now stabilized in the third quarter.
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Coinbase reported that its trading volume market share reached 10.3%. The exchange continues to see gains in this metric, according to the CEO.
The CEO also addressed Bitcoin ETF outflows, noting that the outflows experienced during the second quarter have now leveled off in Q3. This stabilization may be a positive sign for crypto markets.
No further details were provided on the absolute volume figures or the specific drivers behind the market share increase.
Source: First Squawk