Will the Ethereum spot ETF be a positive catalyst for Coinbase, potentially boosting COIN stock prices further?

With the recent news of Ether spot ETF expected to receive approval from the SEC, Snow, the CFO of the cryptocurrency payment company Beam, has put forward six reasons to remind everyone that the launch of Ether spot ETF will benefit the cryptocurrency exchange Coinbase. He also mentioned that he has purchased COIN and CONL (an ETF that doubles the long position on COIN).