Coinbase: Bullish on Ethereum Fundamentals, ETH Expected to Outperform the Market in the Second Half of the Year.

Cryptocurrency exchange Coinbase releases monthly report, stating that despite the poor performance of Ethereum (ETH) since the beginning of the year, its historical trading patterns indicate that it benefits from the combination of the “store of value” and “utility token” narratives, making it a sustained driving factor in the crypto space. The issuance of Ethereum spot ETF is only a matter of time, and Coinbase is optimistic about ETH outperforming the market in the second half of the year.