币界网报道：Coinbase shares are poised for a potential record close as regulatory optimism fuels investor confidence in the crypto exchange. The stock surged over 10% in early trading, nearing its all-time high closing price of $429.54 set during its 2021 Nasdaq debut. This rally follows the SEC's approval of spot Bitcoin ETFs in January and comes amid growing expectations that the agency might greenlight Ethereum ETFs later this year. Analysts attribute the bullish sentiment to Coinbase's role as custodian for eight of the ten approved Bitcoin ETFs, coupled with its position as the only publicly traded major U.S. crypto exchange. The company's Q4 earnings report, showing reduced losses and better-than-expected revenue, has further strengthened market confidence. While regulatory challenges remain, including the SEC's ongoing lawsuit against Coinbase, investors appear increasingly optimistic about the exchange's prospects in a potentially friendlier regulatory environment for crypto.