Coinbase shares surge as agreements for spot bitcoin ETFs are confirmed

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Coinbase shares surge as agreements for spot bitcoin ETFs are confirmed
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Coinbase shares surged during Tuesday's trading session after Cboe confirmed it would work with the crypto firm.

to say that it has “reached an agreement on terms” with Coinbase to enter into surveillance sharing agreements.Tuesday's rally adds to gains clocked in by the crypto exchange since the beginning of the year, which ratcheted up after BlackRock announced it would file for a spot bitcoin ETF. The firm's stock is up 144% since the beginning of the year.

© 2023 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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