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Coinbase is probably exposed about as much to retail as Robinhood is, and judging by Robinhood's monthly trading volumes [1] which are down anywhere from 60-95%
by ceeplusplus 4y ago
Coinbase is probably exposed about as much to retail as Robinhood is, and judging by Robinhood's monthly trading volumes [1] which are down anywhere from 60-95% depending on your reference point, Coinbase revenues have probably dropped off a cliff.
[1] https://s28.q4cdn.com/948876185/files/doc_downloads/2022/06/May-2022-Metrics.pdf https://s28.q4cdn.com/948876185/files/doc_downloads/2022/06/...
- fooobar124 4y agoRetail trading in crypto is down ~90-95% at the moment. Source: know several of the largest market makers on the big retail exchanges.