Cathie Wood very positive on Coinbase after Ripple court ruling

Cathie Wood, the founder and CEO of ARK Investment Management, said she remains bullish over Coinbase in light of Ripple’s

While many industry players are turning increasingly bullish on Coinbase, analysts from investment firm Berenberg Capital Markets warned that many aspects of regulation for crypto exchanges are far from being resolved.

In a July 17 investment note seen by Cointelegraph lead analyst Mark Palmer said that Coinbase Earn — a financial product that offers yield on crypto staking — appears “particularly vulnerable” to being defined as a security in light of the comments made by Judge Torres in her ruling on the Ripple case.

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Update (July 18, 3:30am): This article has been updated to include Ark Invest’s July 17 sales of Coinbase shares.