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2 Crypto Stocks Pulling Back as Ether ETFs Begin Trading
COINCoinbase(COIN) Schaeffers Investment Research·2024-07-24 16:44

Ether (ETH) exchange-traded funds (ETFs) began trading yesterday. Though the cryptocurrency -- second in popularity only to Bitcoin (BTC) -- is lower today, now seems like an appropriate time to check in with exchange platforms Coinbase Global Inc (NASDAQ:COIN) and Riot Platforms Inc (NASDAQ:RIOT). COIN was last seen down 2.4% to trade at $251.42, brushing off an upgrade to "buy" from "neutral" at Citigroup, as well as a price-target hike to $345 from $260. The shares recently bounced off their 40-day movin ...