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ETF investors say the Coinbase listing will cause an explosion in cryptoasset investing

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Coinbase co-founder and CEO Brian Armstrong speaking at TechCrunch Disrupt SF 2018.

Steve Jennings | Getty Images for TechCrunch

The pending Coinbase direct listing, scheduled for April 14th on the Nasdaq under the symbol COIN, is exciting a broad base of the investment community outside the usual cryptocurrency crowd.

“Coinbase is going to blow people’s minds,” Matt Hougan, chief investment officer at Bitwise Asset Management, which pioneered the first cryptocurrency index fund, told me.  “I think it’s going to force traditional finance to wrestle with the phenomenal growth that is taking place in crypto.”

It’s not hard to understand why. Coinbase is likely the biggest beneficiary of the…



Source cnbc.com

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