Coinbase’s (COIN) Paul Grewal Is ‘Quite Hopeful’ That Bitcoin (BTC) Spot ETFs Will be Approved

The bitcoin price could rise to between $42,000 and $56,000 if the BlackRock ETF is approved, according to crypto services provider Matrixport. Such bullish price action would also help crypto-linked stocks such as Coinbase, MicroStrategy (MSTR) and miners including Marathon (MARA), Riot Platforms (RIOT).