Coinbase bulls face make-or-break test as ARK flags Q4 underperformance
ARK’s Q4 report shows Coinbase dragging innovation ETFs as spot volumes slide, even as AMD, Shopify and Rocket Lab offset losses and Coinbase doubles down on its “everything exchange” pivot. Summary Coinbase was ARK’s biggest Q4 detractor after spot volumes dropped 9% QoQ and an Oct. 10 liquidation event erased $21b in leverage, pressuring crypto-linked holdings.…


