Coinbase Emerges as Ethereum Powerhouse – Bernstein’s Bullish Take

Wall Street's crypto skeptics might need to recalibrate their spreadsheets. Bernstein's latest analysis spotlights Coinbase's accelerating dominance in the Ethereum ecosystem—just as institutional money floods into ETH 2.0 staking.
The exchange isn't just riding the wave—it's building the infrastructure. From custody solutions to layer-2 integrations, Coinbase is positioning itself as the go-to gateway for TradFi players dipping toes into decentralized finance.
Meanwhile, traditional banks still can't decide whether crypto is a 'fraud' or their next revenue stream. Timing, as they say, is everything.