Coinbase Global Inc. Stock Surges Over 20% on Positive Sentiment and ETH ETF News

$COIN, the stock of Coinbase Global Inc., showed strength throughout the day with positive sentiment driven by news of an upcoming $ETH ETF. The stock surged over 20% and hit highs above 240, indicating short-term potential to reach 250. Traders noted the stock's resilience and relative strength compared to $BTC. Despite market fluctuations, $COIN maintained its momentum, with traders expressing confidence in holding their positions. The stock's recent performance, including a significant move within a week, was seen as robust and promising. Additionally, $COIN was highlighted for its product innovation and increasing company value amid stock price volatility.