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Coinbase Global Inc. (NASDAQ:COIN) has experienced a significant surge in customer adoption and trading activity across its platforms, driven by the launch of several Bitcoin (CRYPTO: BTC) spot ETFs in the U.S.
Five industry commentators have shared their insights on the future of ETFs, including a possible US$1 trillion ETF and more active ETF vehicles.
The ARK 21Shares Bitcoin ETF saw a surge in daily inflows on Wednesday, reaching a new record of $201.8 million, around five times its daily average.
As the first quarter comes to a close, clearly, there have been some ETF themes that won in terms of flows and investment performance.
As of late Monday, bitcoin was higher by 7% over the past week and trading around $72,600. Impressive short-term action to be sure.