Robinhood Steals Coinbase's Crypto Thunder: Analyst Points to Fee Fumbles
Robinhood Steals Coinbase's Crypto Thunder: Analyst Points to Fee Fumbles
Mizuho analyst Dan Dolev reiterated a Sell rating on Coinbase Global, Inc (NASDAQ:COIN) with a price target of $27.00.
瑞穗 分析師丹·多列夫重申了賣出評級 Coinbase Global 納斯達克股票代碼：COIN）的目標價爲27.00美元。
The analyst believes COIN is losing its share in retail crypto trading to Robinhood Markets, Inc (NASDAQ:HOOD).
這位分析師認爲，COIN正在失去其在零售加密交易中的份額 羅賓漢市場有限公司 （納斯達克：胡德）。
In his view, a potential culprit is that customers are starting to push back on COIN's higher fees on small-ticket crypto trades, a practice in which HOOD has not participated.
在他看來，潛在的罪魁禍首是客戶開始推遲COIN對小額加密交易收取的更高費用，而HOOD並未參與這種做法。
Dolev's analysis suggests that COIN's share of combined COIN retail + HOOD crypto volumes trended lower in April vs. the approximate 65% ratio in the prior three quarters.
多列夫的分析表明，4月份COIN在COIN零售+ HOOD加密貨幣總交易量中的份額呈下降趨勢，而前三個季度的比率約爲65％。
Also Read: What's Going On With Coinbase Shares Today
另請閱讀：今天的Coinbase股票怎麼了
There is no perfect explanation for potential share losses besides worries about regulatory pressures, given SEC actions against crypto or the increase in small-ticket retail trading fees at COIN.
鑑於美國證券交易委員會針對加密貨幣的行動或COIN小額零售交易費的增加，除了對監管壓力的擔憂之外，對於潛在的股票損失沒有完美的解釋。
For perspective, COIN has been raising fees for small-ticket retail traders to offset volume declines.
從角度來看，COIN一直在提高小額零售交易者的費用，以抵消交易量的下降。
On the other hand, retail trading peer HOOD did not increase spreads, which likely attracted some customers to its platform.
另一方面，零售交易同行HOOD沒有增加點差，這可能會吸引一些客戶使用其平臺。
Price Action: COIN shares traded lower by 0.78% at $53.49 on the last check Thursday.
價格走勢： 在週四的最後一張支票中，COIN股價下跌0.78％，至53.49美元。
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