Coinbase 收益飆升，ETF 追蹤加密貨幣市場飆升成為焦點

Coinbase Global (COIN) 公佈了強勁的 2043 年第一季收益，營收和每股盈餘均超出分析師的預期。該公司受益於 1 月推出的新比特幣 ETF 推動的加密貨幣交易活動的增加。儘管表現強勁，但 COIN 股價最初在盤後交易中下跌，促使投資者關注 Coinbase 持有大量敞口的 ETF，例如 First Trust SkyBridge Crypto Industry & Digital Economy ETF (CRPT)、Global X Blockchain ETF (BKCH)、富達加密產業和數位支付ETF (FDIG)、ARK 21Shares 區塊鏈和數位經濟創新ETF (ARKD) 和ARK 金融科技創新ETF (ARKF)。

Coinbase Earnings Surge: ETFs with Cryptocurrency Exposure in Focus

Coinbase 收益激增：加密貨幣投資的 ETF 成為焦點

Coinbase Global (COIN), the leading U.S. cryptocurrency exchange, released impressive first-quarter 2043 financial results, surpassing estimates on both earnings and revenues. This resurgence mirrors the broader recovery in digital coin trading, fueled by the launch of several new bitcoin exchange-traded funds (ETFs) in January.

美國領先的加密貨幣交易所 Coinbase Global (COIN) 發布了令人印象深刻的 2043 年第一季財務業績，獲利和收入均超出預期。這種復甦反映了數位貨幣交易的更廣泛復甦，一月份推出了幾隻新的比特幣交易所交易基金（ETF）。

Despite the positive earnings report, COIN shares experienced an after-hours downturn of 4%, triggering scrutiny of ETFs with significant exposure to the cryptocurrency exchange. These include First Trust SkyBridge Crypto Industry & Digital Economy ETF (CRPT), Global X Blockchain ETF (BKCH), Fidelity Crypto Industry and Digital Payments ETF (FDIG), ARK 21Shares Blockchain and Digital Economy Innovation ETF (ARKD), and ARK Fintech Innovation ETF (ARKF).

儘管收益報告積極，但 COIN 股價盤後下跌 4%，引發了對加密貨幣交易所曝險較大的 ETF 的審查。其中包括First Trust SkyBridge 加密產業和數位經濟ETF (CRPT)、Global X 區塊鏈ETF (BKCH)、Fidelity 加密產業和數位支付ETF (FDIG)、ARK 21Shares 區塊鏈和數位經濟創新ETF (ARKD) 以及ARK Fintech Innovation ETF（ARKF）。

Strong Financial Performance Driven by Crypto Market Upswing

加密貨幣市場上漲推動強勁的財務業績

Coinbase reported earnings per share of $4.40, a significant beat over the Zacks Consensus Estimate of $1.04. This marked a notable improvement compared to a loss of 34 cents per share in the same quarter a year ago. The robust earnings stemmed from increased transaction activity, which benefited from the broader upswing in the crypto market and the introduction of new bitcoin ETFs.

Coinbase 公佈的每股收益為 4.40 美元，大大高於 Zacks 一致預期的 1.04 美元。與去年同期每股虧損 34 美分相比，這標誌著顯著改善。強勁的收益源自於交易活動的增加，這得益於加密貨幣市場的更廣泛上漲和新的比特幣 ETF 的推出。

Revenues soared 72% quarter over quarter and 112% year over year to $1.64 billion, exceeding consensus expectations of $1.26 billion. Notably, trading volume surged to $312 billion from $154 billion in the previous quarter and $145 billion in the year-ago quarter, fueled by heightened interest in cryptocurrencies.

營收季增 72%，年比飆升 112%，達到 16.4 億美元，超出了 12.6 億美元的普遍預期。值得注意的是，由於人們對加密貨幣的興趣高漲，交易量從上一季的 1,540 億美元和去年同期的 1,450 億美元飆升至 3,120 億美元。

Total transaction revenues surged 104% from the previous quarter to $1.07 billion. Consumer transaction revenues surged to $935 million, nearly doubling from the fourth quarter. Institutional transaction revenues also experienced a strong increase of 113% quarter over quarter to $85 million. Total subscription and services revenues climbed 36% from the previous quarter to $510.9 million.

總交易收入較上一季飆升 104%，達 10.7 億美元。消費者交易收入飆升至 9.35 億美元，比第四季幾乎翻了一番。機構交易收入也較上季強勁成長 113%，達到 8,500 萬美元。訂閱和服務總收入較上一季成長 36%，達到 5.109 億美元。

Outlook and ETF Focus

展望與 ETF 焦點

Coinbase anticipates subscription and services revenues in the range of $525-$600 million for the second quarter. This indicates continued optimism about the company's growth trajectory.

Coinbase 預計第二季的訂閱和服務收入將在 5,25-6 億美元之間。這顯示人們對公司的成長軌跡持續樂觀。

First Trust SkyBridge Crypto Industry & Digital Economy ETF (CRPT)

First Trust SkyBridge 加密產業與數位經濟 ETF (CRPT)

First Trust SkyBridge Crypto Industry and Digital Economy ETF seeks to provide exposure to companies driving innovation in cryptocurrency, crypto assets, and digital economies. Coinbase occupies the top position in its basket, holding 22.5% of assets. This ETF charges 85 bps in annual fees and trades in an average daily volume of 90,000 shares.

First Trust SkyBridge 加密產業和數位經濟 ETF 旨在為推動加密貨幣、加密資產和數位經濟創新的公司提供投資機會。 Coinbase 在其籃子中佔據首位，持有 22.5% 的資產。該ETF收取85個基點的年費，每日平均交易量為90,000股。

Global X Blockchain ETF (BKCH)

Global X 區塊鏈 ETF (BKCH)

Global X Blockchain ETF aims to invest in companies positioned to benefit from the adoption of blockchain technology. Coinbase accounts for 21.9% of assets in its basket. This ETF tracks the Solactive Blockchain Index and holds 25 stocks. It charges 50 bps in annual fees and trades in an average daily volume of 41,000 shares.

Global X Blockchain ETF 旨在投資能夠從區塊鏈技術採用中受益的公司。 Coinbase 佔其籃子資產的 21.9%。該 ETF 追蹤 Solactive 區塊鏈指數並持有 25 隻股票。它收取 50 個基點的年費，每日平均交易量為 41,000 股。

Fidelity Crypto Industry and Digital Payments ETF (FDIG)

富達加密產業和數位支付 ETF (FDIG)

Fidelity Crypto Industry and Digital Payments ETF offers exposure to companies involved in cryptocurrency, blockchain technology, and digital payments processing. Coinbase holds the top spot in its basket, accounting for 15.8% of assets. This ETF tracks the Fidelity Crypto Industry and Digital Payments Index and holds 47 stocks. It charges 39 bps in annual fees and trades in an average daily volume of 99,000 shares.

富達加密產業和數位支付 ETF 為涉及加密貨幣、區塊鏈技術和數位支付處理的公司提供投資機會。 Coinbase 在其籃子中排名第一，佔資產的 15.8%。該 ETF 追蹤富達加密貨幣產業和數位支付指數並持有 47 隻股票。它收取 39 個基點的年費，每日平均交易量為 99,000 股。

ARK 21Shares Blockchain and Digital Economy Innovation ETF (ARKD)

ARK 21Shares區塊鏈與數位經濟創新ETF（ARKD）

ARK 21Shares Blockchain and Digital Economy Innovation ETF is one of the first actively managed ETFs to invest in digital asset futures (bitcoin and ether) and public equities of companies engaged in the blockchain industry and/or digital economy. Coinbase holds the third spot in its concentrated portfolio, with 17% of assets. This ETF charges 90 bps in annual fees and trades in an average daily volume of 11,000 shares.

ARK 21Shares區塊鏈和數位經濟創新ETF是首批主動管理的ETF之一，投資於數位資產期貨（比特幣和以太幣）以及從事區塊鏈行業和/或數位經濟的公司的公開股票。 Coinbase 在其集中投資組合中排名第三，佔資產的 17%。該ETF收取90個基點的年費，每日平均交易量為11,000股。

ARK Fintech Innovation ETF (ARKF)

ARK 金融科技創新 ETF (ARKF)

ARK Fintech Innovation ETF invests in companies involved in fintech innovation, including blockchain technology and transaction innovation. Coinbase occupies the top position in its basket, accounting for 10.8% of assets. This ETF charges 75 bps in annual fees and trades in an average daily volume of 474,000 shares.

ARK Fintech Innovation ETF 投資於涉及金融科技創新的公司，包括區塊鏈技術和交易創新。 Coinbase 在其籃子中佔據首位，佔資產的 10.8%。該ETF收取75個基點的年費，每日平均交易量為474,000股。

Conclusion

結論

The strong earnings report from Coinbase Global reflects the resurgence in cryptocurrency trading and the impact of new bitcoin ETFs. ETFs with significant exposure to COIN, such as CRPT, BKCH, FDIG, ARKD, and ARKF, are positioned to benefit from continued interest in the digital asset space. Investors seeking exposure to the crypto market through diversified holdings should consider these ETFs. However, they should also be aware of the inherent volatility associated with cryptocurrency investments.

Coinbase Global 強勁的收益報告反映了加密貨幣交易的復甦以及新比特幣 ETF 的影響。 CRPT、BKCH、FDIG、ARKD 和 ARKF 等大量持有 COIN 的 ETF 預計將受益於人們對數位資產領域的持續關注。尋求透過多元化持有進入加密貨幣市場的投資者應考慮這些 ETF。然而，他們也應該意識到與加密貨幣投資相關的固有波動性。