Coinbase's stock price has experienced a strong recovery, reaching its highest point since August 27 and indicating a bull market. However, the cryptocurrency exchange has lost market share to other global exchanges and faces challenges in listing new cryptocurrencies. The growth of Bitcoin and Ethereum ETF inflows has also slowed. On the positive side, if Bitcoin stages a comeback, there are chances that Coinbase's stock price will perform well. Additionally, the company's Base Blockchain and DEX industry are thriving. Investors can choose to invest in Coinbase stock or the CONY ETF, though historically investing in the stock has yielded higher returns.



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